Zephirin Adjusts Xiaomi's Price Target to HK$24 From HK$19, Keeps at Sell

MT Newswires33minutes ago · Ratings

In 2024, the seventh batch of Electric Vehicles exempt from vehicle purchase tax has been announced. Cui Dongshu: There are a variety of products with high energy density in Batteries.

In 2024, there are a total of 20,085 models of Electric Vehicles in the tax exemption directory. Due to the large number in the first batch, the quantity of Electric Vehicles in the directory is relatively higher than the normal levels in recent years.

Zhitong Finance00:41 ET

Market Chatter: Xiaomi Opens Branch and Online Mall in South Korea

MT Newswires21:34 ET

HAITONG INT'L: Initiates coverage of KINGSOFT with an “Outperform” rating and a Target Price of HKD 46.85.

HAITONG INT'L published a research report stating that it is initiating coverage on KINGSOFT (03888) with an "outperform" rating, expecting revenue from 2024 to 2026 to be 10.192 billion, 12.271 billion, and 14.829 billion yuan respectively, with year-on-year growth rates of 19.4%, 20.4%, and 20.8%; net income attributable to the parent company is expected to be 0.873 billion, 1.645 billion, and 2.335 billion yuan respectively, with year-on-year growth rates of 80.5%, 88.5%, and 41.9%; earnings per share are projected to be 0.65, 1.23, and 1.75 yuan, with a target price of 46.85 HKD. The report states

Sina Hong Kong Stocks.Jan 6 03:27 ET

Zhaoyin International: The National Development and Reform Commission announced the expansion of the national subsidy program categories, and XIAOMI-W (01810) and others will benefit.

CMB International believes that the announcement of the national subsidy will encourage Other provinces to accelerate the implementation of policies, which will boost the overall demand for Smart Phone replacements in the short term.

Zhitong FinanceJan 6 02:39 ET

Lyon: The national mobile phone subsidies have officially launched as expected, with a preference for XIAOMI-W (01810), AAC TECH (02018), and others.

Lyon's top picks are XIAOMI-W (01810), BYD Electronic (00285), AAC TECH (02018), and SUNNY OPTICAL (02382), all rated as "outperform the market."

Zhitong FinanceJan 6 02:25 ET