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Nomura Keeps Rating Neutral on XIAOMI-W; Updates on Xring Chips & New EVs Still Concealed
Recommend 20 Positive 29 Negative 16 |
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XIAOMI-W (01810.HK) held its 2H25 new product launch event yesterday (25th), unveiling products like the Xiaomi 17 series, Xiaomi Pad 8, Xiaomi TV, routers, smart speakers, and home appliances, according to Nomura's report. During his annual speech, XIAOMI-W's CEO Lei Jun talked about the journey of the company's chip development since 2017. However, his speech left out updates on the launch of the Xring chip, the timeline for new electric vehicle (EV) models, and plans for capacity expansion, resulting in a lack of highlights for the launch event. Nomura kept a Neutral rating on XIAOMI-W, with a target price of HKD61. AAStocks Financial News |
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