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24126 MBXIAMI@EP2506A (PUT)
RT Nominal down0.034 -0.003 (-8.108%)

22/08/2024 15:14

{I-bank focus}Citi raises Xiaomi (01810) to HKD22.7

[ET Net News Agency, 22 August 2024] Citi raised the target price for Xiaomi (01810) to
HKD22.7 from HKD22.4 and maintained the "buy" rating.
The research house said it lifts 2024-2026E adjusted NP by 13%/30%/17%, mainly on
sustainable 19%+ GM for IoTs, higher GM for internet service and strong beat EV GM. (rc)

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