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Market Chatter: 1,500 Firms Display Products as Beijing Car Show Returns After Four-Year Hiatus
Over 1,500 automakers and parts manufacturers will be a part of the first Beijing Auto Show since 2020, Yicai Global reported Monday.
MT NewswiresApr 24 03:41 ET
[Broker Focus] CMB International maintains Xiaomi (01810) purchase rating and is optimistic about its “human and car” intelligent ecosystem
Jinwu Financial News | According to CMB International, the bank participated in the 2024 Xiaomi Investor Day event hosted by Xiaomi Group (01810) in Beijing. The main summary points include: 1) The Xiaomi SU7 will deliver 100,000 vehicles for the whole year of 2024, and the delivery target will reach 10,000 vehicles in June. 2) The annual gross margin target for the Xiaomi SU7 NEV is 5-10%, which is better than the market's original expectations, mainly due to impressive sales momentum. 3) The Xiaomi car business is expected to reach break-even after the annual sales volume reaches 30-400,000 vehicles.
金吾財訊Apr 24 03:21 ET
Trending Industry Today: SENSETIME-W Leads Gains In Weighted Voting Right Stocks
April 24th - The industry of $Weighted Voting Right Stocks(BK1255.HK)$ is trending higher today with 17 constituents up, 1 constituents down and SENSETIME-W leading Gains.$SENSETIME-W(00020.HK)$ surge
moomoo NewsApr 24 02:40 ET
SU 7 is OK! Lei Jun “convinced” Wall Street
Citi raised the target price of Xiaomi from HK$19.6 to HK$21.9 and maintained a “buy” rating, increasing the adjusted EPS in 2024 by 25%. J.P. Morgan also continued to maintain Xiaomi's “overrated” rating and set the target price at HK$21.0.
wallstreetcnApr 24 00:48 ET
Xiaomi May See Stronger Earnings on Better-Than-Expected EV Business -- Market Talk
0258 GMT - Xiaomi's better-than-expected electric-vehicle business may support the company's earnings over 2024-2026, Citi analysts write in a note. Xiaomi's management told investors Tuesday that the
WSJApr 23 22:58 ET
Citi: Maintaining the Xiaomi Group-W (01810) “Buy” rating and raising the target price to HK$21.9
Citi raised the adjusted earnings estimates per share for the Xiaomi Group-W (01810) 2024 to 2026 by 25%, 37%, and 32%, respectively.
Zhitong FinanceApr 23 22:22 ET
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