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56882 SG#HSI RC28103 (R BULL)
RT Nominal unchange0.078 0.000 (0.000%)

19/03/2025 16:01

{I-bank focus}Citi raises Xiaomi (01810) to HKD73.5

[ET Net News Agency, 19 March 2025] Citi raised the target price for Xiaomi (01810) to
HKD73.5 from HKD51.7 and maintained the "buy" rating.
The research house said it lifts 2025-2026E adjusted NP by 12%/10%, mainly on
sustainable IoT GM of 20%+ level, higher GM for internet service, strong EV GM and stable
core biz opex ratio. (rc)

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