Weekly Recap | XIAOMI-W -4.15%, consensus target above spot
Weekly Review·
- Xiaomi Group-W closed the week at 26.36 HKD, accumulating a 4.15% decline amid a weaker broader technology sector.
- The company advanced its product lines by surpassing 80 million cumulative car deliveries, launching new SUVs, and releasing folding smartphones.
- Thirty-four institutions maintained a consensus buy rating with an average target price of 36.36 HKD, representing a 37.94% premium over the current price.