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Bank of America Securities: Reiterates a "buy" rating on Xiaomi Group-W (01810), with target price raised to 32 Hong Kong dollars.
Bank of America Securities raised Xiaomi Group's third-quarter sales forecast by 4% to 91 billion yuan.
Hong Kong Stocks Open Lower as Investors Await US Election Results
[Brokerage Focus] CICC raises Xiaomi Group (01810) target price by 32.3%, indicating its benefits from global market share increase and AI application landing.
Jingu Finance News | CMB International issued a research report stating that Xiaomi Group (01810) will release its 3Q24 results on November 18th. The bank predicts that the company's 3Q24 revenue will increase by 28% year-on-year to 90.5 billion yuan, while the adjusted net income will increase by 1.4% year-on-year, reaching 6.1 billion yuan, both higher than the consensus expectations of 1%/6%; mainly driven by continued strong sales of mobile phones, growth in AIoT/business/internet business, and better-than-expected progress in the EV business. By business segment, the bank expects mobile/AIoT/internet business 3Q revenue to increase by +14%/+21%/+9%. The bank
Canalys: Global tablet PC shipments in the third quarter increased by 11% year-on-year, achieving growth for the third consecutive quarter.
In the third quarter of 2024, the global tablet computer shipments increased by 11% year-on-year, reaching 37.4 million units. Driven by the recovery of consumer and commercial demand, the tablet computer market achieved growth for the third consecutive quarter.
Express News | India's Antitrust Agency Recalls Investigation Report Into Walmart's Flipkart After Xiaomi Complaint - Document
Xiaomi SU7 Monthly Production Expected to Reach 24,000 in Nov-Dec, Report Says
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