Xiaomi May Find Catalysts to Boost Earnings Visibility -- Market Talk

Dow Jones
25 Nov 2024

0725 GMT - Xiaomi may have a few catalysts to boost its earnings visibility, Citi analysts write in a note. Its 2025 export guidance will likely to be provided in the first half of next year and investors should watch for the details of its estimates, they say. The sale-mix will likely to further improve from March with SU7 Ultra shipments and its second SUV model, they add. Further development in offline retail stores could also enhance its sales next year, Citi says. The brokerage maintains the stock's buy rating. Shares were last at HK$28.05.(jiahui.huang@wsj.com; @ivy_jiahuihuang)

 

(END) Dow Jones Newswires

November 25, 2024 02:25 ET (07:25 GMT)

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