Weekly Recap | XIAOMI-W flat, Xring D100 chip unveiled
Weekly Review·
- Xiaomi Group-W closed the week flat at HKD 27.82, underperforming the Hang Seng Index by 0.26 percentage points amid a range-bound market.
- The company notably released its self-developed 3 nm Xring D100 smart driving chip on August 24 and launched its global automotive website on August 26 to prepare for the European market entry by 2027.
- Institutional sentiment remains positive with a consensus buy rating and a target price of HKD 36.52, while upcoming focus centers on supply chain feedback and European expansion details.
