Weekly Recap | XIAOMI-W +0.53%, EV deliveries top 800,000
Weekly Review·
- Xiaomi Group - W shares rose 0.53 % to close at 26.8 HKD this week, outperforming the Hang Seng Index by about 5.05 percentage points amid a broader market downturn.
- Key catalysts included the announcement that cumulative vehicle deliveries exceeded 800,000 units, over 50,000,000 HKD in share buybacks, and the upcoming Q3 earnings release scheduled for November 20, 2026.
- Institutional sentiment remained generally favorable with a consensus buy rating and a target price of 34.34 HKD, though a wide valuation range reflects divergent long-term growth expectations.
