XIAOMI-W (01810.HK) +0.050 (+0.097%) Short selling $449.76M; Ratio 14.097% 's 1Q25 earnings growth was strong, with high IoT gross profit margin increasing by 5.4 ppts YoY to 25.2%, setting a historical high, mainly driven by improved product mix, expanded business scale and government subsidy policies, JPMorgan released a research report saying. It is expected that the traditional sales peak seasons such as the 618 shopping festival and May Day holiday will continue to drive IoT business revenue growth in 2Q25, with a current projected incline of 15%.Related NewsCLSA: Meager Orders Prompt CN Automakers to Cut Prices Again; Top Pick BYDWith the end of the peak season for large-scale home appliance sales and the waning of the national subsidy effect, the sustainability of strong growth may become a key factor shaping the Group's financial performance. JPMorgan raised its 2025/ 2026 EPS forecasts by 12.8%/ 3.7%, and estimated the growth rate of XIAOMI-W's IoT business to stabilize at around 20% in 2026/ 2027, with rating at Neutral.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-29 12:25.)