---
title: "CICC International: Raises Xiaomi's target price to HKD 25.72, adjusts electric vehicle sales and profit forecasts"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/209545554.md"
description: "BOCI Research published a research report stating that the team attended Xiaomi's meeting last Friday. They forecast a traditional business with a P/E ratio of 15 times and an electric vehicle business with a P/S ratio of 3 times. The target price for Xiaomi was raised slightly from HKD 25.18 to HKD 25.72, reiterating it as a top pick with a \"buy\" rating"
datetime: "2024-07-23T02:50:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/209545554.md)
  - [en](https://longbridge.com/en/news/209545554.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/209545554.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/209545554.md) | [繁體中文](https://longbridge.com/zh-HK/news/209545554.md)


# CICC International: Raises Xiaomi's target price to HKD 25.72, adjusts electric vehicle sales and profit forecasts

BOCI Research published a research report stating that the team attended Xiaomi's meeting last Friday. They forecast a traditional business with a P/E ratio of 15 times and an electric vehicle business with a P/S ratio of 3 times. The target price for Xiaomi was raised slightly from HKD 25.18 to HKD 25.72. They reiterated it as a top pick stock and maintained a "buy" rating

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- [Xiaomi Corporation (XIACY.US)](https://longbridge.com/en/quote/XIACY.US.md)

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