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69903 MS#HSI RC2805B (R BULL)
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07/02/2025 16:01

{I-bank focus}HSBC raises Xiaomi (01810) to HKD49.9

[ET Net News Agency, 7 February 2025] HSBC Global Research raised the target price for
Xiaomi (01810) to HKD49.9 from HKD37.9 and maintained the "buy" rating.
The research house said it raises non-GAAP net profit estimates by 2% in 2024, 6% in
2025, and 6% in 2026, to reflect positive view on the outlook for smartphones, AIoT, and
Internet segments, all of which are supported by the national subsidy programme. (rc)

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