Xiaomi ran about +5% friday on strong June delivery numbers, plus they did a HK$4B buyback in June. the EV ramp is real and the phone business funds it. i'm long a small position, watching if it can hold above HK$22 on the reopen. buyback plus deliveries is a decent floor, adding on any dip back to 20.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments