Market Chatter: Xiaomi May Launch Three New Phone Models in Second Half of 2024
Chinese tech giant Xiaomi (HKG:1810) will release three new models in the second half of the year, including the Flagship 15 series and new foldable phones added to the Mix series, The Standard report
[Broker Focus] CMB International slightly raised the target price of Xiaomi Group (01810) by 7%, optimistic about its first-quarter results to reveal more EV business progress
Jinwu Financial News | According to CMB International Development Research Report, the 1Q24 revenue and adjusted net profit of the Xiaomi Group (01810) are expected to increase 26%/67% year-on-year to 75.2 billion yuan/5.4 billion yuan. The bank's revenue/adjusted net profit forecast is 5%/19% higher than market consistency expectations. The bank believes that strong performance will come from a significant increase in the mobile phone market share, impressive gross margin performance of various product lines, and effective control of core expenses. Overall, the bank expects annual shipments of Xiaomi phones to increase 14% year over year to 167 million units. In terms of AIoT and internet business, the
[Broker Focus] CITIC Construction Investment's “buy” rating for Xiaomi Group (01810) predicts a 27% year-on-year increase in revenue for the first quarter
Jinwu Financial News | According to the CITIC Construction Investment Research Report, the 24Q1 revenue of Xiaomi Group (01810) is estimated to be 75.4 billion yuan (YoY +27%), of which mobile phone, IoT, and internet revenue are estimated to be 466/202/8 billion yuan (YoY +33%/+20%/+14%) respectively; although mobile phone gross margin declined sequentially due to BOM costs, gross margin is expected to continue to rise to 22% (YOY+2.5pct) month-on-month (YoY+2.5pct); net profit is expected to continue to rise to 22% (YoY+2.5pct) after the Q1 adjustment. +74%), vehicle construction costs
Hong Kong stocks closed (05.08) | The Hang Seng Index closed down 0.9%. Domestic housing stocks, auto stocks, and other coal stocks, which are under significant pressure, performed well
The Zhitong Finance App learned that the three major indices of Hong Kong stocks rushed higher and fell in early trading, and the decline widened further in the afternoon. At the close, the Hang Seng Index fell 0.9% or 165.51 points to 18313.86 points, with a full-day turnover of HK$128.655 billion; the Hang Seng State-owned Enterprises Index fell 1.07% to 6456.72 points; and the Hang Seng Technology Index fell 1.29% to 3872.01 points. Zhang Yidong, the global chief strategy analyst at Societe Generale Securities, said that Hong Kong stocks have basically overdrawn all negative factors, so a little bit of sunshine will shine brightly. He pointed out that the Hong Kong stock market is at least quarterly this year, even
CICC: Maintaining the Xiaomi Group-W (01810) “outperforming the industry” rating, and raising the target price to HK$23
CICC raised the adjusted net profit forecast for the Xiaomi Group-W (01810) 2024 and 2025 fiscal years to 16.512 billion yuan and 17.498 billion yuan.
[Broker Focus] Guosheng Securities raised the target price of Xiaomi Group (01810) to HK$23, reaffirming the “buy” rating
Jinwu Financial News | According to Canalys and IDC estimates, Xiaomi smartphone shipments in 2024Q1 were 4080/40.7 million units, yoy +33.8% %/ 33%, and the market share increased to 14% and yoy+3pct, ranking third in the world. 2024Q1. In terms of shipment volume, the bank expects Xiaomi Group (01810) to ship 40.8 million mobile phones in 2024Q1, an increase of 34% over the previous year. Due to the increase in BOM costs, the bank expects the gross margin of Xiaomi's mobile phone business to decline month-on-month in Q1, but year-on-year
Xiaomi May Deliver Better-Than-Expected 1Q Results on Improved Margin -- Market Talk
0521 GMT - Xiaomi is likely to deliver better-than-expected 1Q results on gross margin upside, Citi analysts Kyna Wong and Karen Huang say in a research note. Blended gross margin for 1Q could reach 2
Xiaomi Set to Unveil CIVI 4 Pro Disney Princess Edition
Xiaomi Group-W (01810.HK) will hold a board meeting on May 23 to approve the first quarter results
Gelonghui, May 6 | Xiaomi Group-W (01810.HK) announced that the company will hold a board meeting on May 23, 2024. The agenda includes considering and approving the unaudited first quarter results of the company and its subsidiaries for the three months ending March 31, 2024.
DATE OF BOARD MEETING
The Hang Seng Index's technical bull market has been established, and Hong Kong stocks are back! How will the market develop in the future?
How long can the bull market last?
Express News | Xiaomi - as of April 30, Received 88,063 Confirmed Orders of Xiaomi SU7 Series Vehicles
Tram delivery “Super Smash” in April: NIO is booming, Xiaopeng is left behind, and the Xiaomi SU7 delivered over 7,000 vehicles in the first month
On the first day of the May 1st holiday, domestic electric vehicle companies' delivery reports were released one after another!
Xiaomi Group-W (01810): By the end of April, 881,000 confirmed orders had been received and 7058 Xiaomi SU7 series cars had been delivered
Xiaomi Group-W (01810) announced that as of April 30, 2024, the company had received 881,000...
Canalys: Global smartphone market shipments reached 296.2 million units in the first quarter, up 10% year-on-year
According to data released by Canalys, in the first quarter of 2024, the global smartphone market grew 10% year-on-year to 296.2 million units.
Xiaomi EV Sees 10,000th Mass-produced SU7 Roll off Line
Xiaomi EV has seen the 10,000th mass-produced SU7 roll off the production line, 32 days after the model was launched. The post Xiaomi EV sees 10,000th mass-produced SU7 roll off line appeared first on CnEVPost. For more articles, please visit CnEVPost.
4Pro (2nd Gen) : Une Nouvelle Génération De Solutions Pionnières Pour Des Trajets Quotidiens Intelligents
PÉKIN, 27 avril 2024 /PRNewswire/ -- La trottinette électrique 4Pro (2nd Gen), produite par Brightway Innovation Intelligent Technology (Suzhou) Co.,Ltd., a été dévoilée récemment.Xiaomi dévo
Damo: Maintaining the Xiaomi Group-W (01810) “Gain” Rating Target Price of HK$20
The Zhitong Finance App learned that Morgan Stanley released a research report stating that it maintains the Xiaomi Group-W (01810) “increase” rating, with a target price of HK$20. Xiaomi Chairman Lei Jun said that the SU7 has only been on the market for 28 days, and shipments have reached 5,781 units. According to the report, as of April 24, more than 75,723 new orders had been confirmed, up from 70,000 units on April 20. This means that despite the long wait for delivery, new orders are gaining momentum. After visiting Xiaomi's electric vehicle factory in Beijing, Damo said that the Xiaomi factory is highly automated and has advanced production equipment and production and operation systems.
Xiaomi CEO: 5,781 SU7 Delivered in 28 Days
Xiaomi has delivered 5,781 units of Xiaomi SU7 since the model was released 28 days ago, announced Lei Jun, founder and CEO of Xiaomi Corp during the 2024 (18th) Beijing International Automotive Exhibition in Beijing on Thursday, adding a total of 75,723 orders for Mi SU7 had been locked by April 24.
2023 年度報告
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