Bank of China International released a research report stating that it reaffirmed the Xiaomi Group-W “buy” rating and raised the target price from HK$36 to HK$50. Bank of China International also anticipates that new measures announced by the National Development and Reform Commission, such as national electronics consumption subsidies, Xiaomi's self-built factory, new overseas retail expansion, and artificial intelligence, will boost the growth of its traditional core business.

Zhitongcaijing · 01/07 09:09
Bank of China International released a research report stating that it reaffirmed the Xiaomi Group-W “buy” rating and raised the target price from HK$36 to HK$50. Bank of China International also anticipates that new measures announced by the National Development and Reform Commission, such as national electronics consumption subsidies, Xiaomi's self-built factory, new overseas retail expansion, and artificial intelligence, will boost the growth of its traditional core business.