At a recent global investment summit, management of XIAOMI-W (01810.HK) -0.600 (-1.852%) Short selling $481.58M; Ratio 18.518% reiterated that the FY26 gross margin target for its smartphone business is 8%, and revealed that it has built up strategic memory inventory, HSBC Global Investment Research said in a report. However, management acknowledged that achieving this target will be challenging as DRAM and NAND prices are expected to continue hiking through 4Q26.Related News G Sachs Lists Major Southbound Trading Net Buys and Net Sells in Hong Kong Stocks Last Week (Table)The broker maintained its Buy rating on XIAOMI-W, with an unchanged TP of HKD53.4. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-22 16:25.)
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