Rate Of Return$XIAOMI-W(01810.HK) is probably going to keep falling until the earnings report. The report is definitely not going to be great, no need to think about it. Smartphone costs are rising, it's a red ocean market; there are too many negative news about the car business, and the purchase tax isn't fully exempt. After the earnings report comes out, it should have bottomed out. Some say Xiaomi is doing buybacks, but I can only say it's a drop in the bucket.
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