XIAOMI-W (01810.HK) +1.600 (+3.056%) Short selling $1.26B; Ratio 11.354% President Lu Weibing revealed during a livestream last Saturday (17th) that the group's smartphone and AIoT businesses performed outstandingly in 1Q25, according to Goldman Sachs' research report.Lu also announced the upcoming launch of the Xiaomi Civi5 Pro and six brand-new high-end smart home products. More importantly, Xiaomi is kicking off its 15th-anniversary strategic product launch event.Related NewsM Stanley's Latest OW Stocks w/ Top-ranked MOST Scores in APAC by Sectors (Table)Based on its stronger IoT sales and improved gross margin prospects, Goldman Sachs raised its 2025-27 adjusted net profit forecasts for XIAOMI-W by 3-6%. It also increased its target price for the company to HKD62 and gave it a Buy rating, predicting that multiple catalysts are on the horizon in the coming months, including the 15th-anniversary strategic product launch event, the 1Q results announcement at the end of May, Investor Day on June 3, and next month's 618 Shopping Festival.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-19 16:25.)