---
title: "Xiaomi (XIACF): New Buy Recommendation for This Technology Giant"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288369028.md"
description: "Guosheng Securities maintained a Buy rating on Xiaomi with a HK$50 price target, while DBS also issued a Buy recommendation. Conversely, Jefferies downgraded the stock to Sell."
datetime: "2026-06-02T05:20:32.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288369028.md)
  - [en](https://longbridge.com/en/news/288369028.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288369028.md)
---

# Xiaomi (XIACF): New Buy Recommendation for This Technology Giant

In a report released yesterday, from Guosheng Securities maintained a Buy rating on Xiaomi, with a price target of HK$50.00. The company’s shares closed yesterday at HK$28.72.

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In addition to Guosheng Securities, Xiaomi also received a Buy from DBS’s Jim Hin Kwong Au in a report issued on May 28. However, on May 27, Jefferies downgraded Xiaomi (Other OTC: XIACF) to a Sell.

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