Citi Research: Maintains a "buy" rating for Xiaomi Corporation-W (01810.HK) as the industry's top choice, with a target price lowered to HKD 74.4.
According to the Wise Finance APP, BOCI Research report said that Xiaomi Group-W (01810.HK) has shown extremely attractive valuation after a 16% decline from the recent high. The outlook for the company's medium-term sustainable growth remains unchanged. It maintains the industry's top choice of "buy" rating, with a target price slightly lowered from HK$75.25 to HK$74.4 based on operational changes.
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