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<Research>CMBI Reduces XIAOMI-W's TP to HKD61.3, Envisions 3Q Adj. NP to Surge 60% YoY
CMBI has released a research report predicting XIAOMI-W (01810.HK)'s 3Q25 adjusted net profit to surge by 60% YoY to RMB10.01 billion, in line with market expectations.Despite ...
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<Research>CMBI Reduces XIAOMI-W's TP to HKD61.3, Envisions 3Q Adj. NP to Surge 60% YoY
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CMBI has released a research report predicting XIAOMI-W (01810.HK)  -0.960 (-2.174%)    Short selling $737.41M; Ratio 12.113%   's 3Q25 adjusted net profit to surge by 60% YoY to RMB10.01 billion, in line with market expectations.

Despite the rise in the bill of materials (BOM) costs for smartphones, the broker estimated XIAOMI-W to log a GPM of 22.9% for 3Q25, higher than the market forecast of 22.5%.

Related NewsBofAS Trims XIAOMI-W TP to $57; ST Risks Present but LT Positives Intact
XIAOMI-W's rating was reiterated as Buy, but its target price was cut from HKD62.96 to HKD61.3.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-10-31 16:25.)

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