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61004 UB#HSI RC2811T (R BULL)
RT Nominal unchange0.039 0.000 (0.000%)

19/12/2025 14:33

{I-bank focus}Jefferies lowers Xiaomi (01810) to HKD43.36

[ET Net News Agency, 19 December 2025] Jefferies lowered the target price for Xiaomi
(01810) to HKD43.36 from HKD49.21 and downgraded the rating to "hold" from "buy".
The research house said it cuts both the GM and vol forecasts in the next two years, but
raises ASP by 6%/5% in 2026E/27E. (rc)

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