Xiaomi Corp - Unsponsored ADR (XIACY)
Xiaomi: Doing What Apple And Tesla Can't
I maintain a "Buy" rating on Xiaomi due to its successful ecosystem strategy and promising expansion into the EV market, despite recent stock corrections. Xiaomi's financials are strong, with significant revenue and profit growth in smartphones and IoT, and narrowing losses in the EV segment. The valuation remains attractive with a forward-looking perspective, supported by Goldman Sachs' optimistic 12-month target price, indicating a 30% upside potential.
Xiaomi Stock: Will Investor Confidence Hold Up?
Xiaomi's stock fell over 5% after the fatal accident involving its SU7, as founder Lei Jun pledged his full cooperation with the investigation
Xiaomi EV Crash in China Raises Concerns About Smart Driving Software
Xiaomi has confirmed that one of its SU7 electric vehicles was involved in an accident on an expressway in China. Local media reported that the incident resulted in the deaths of three individuals, raising concerns about the smart driving software used in modern cars.
Xiaomi's Shares Fall After Fatal Car Accident Involving One of Its EVs
The sudden drop came after the company said that one of its SU7 models was involved in a lethal accident on an expressway in China's Anhui province.
China's Xiaomi says actively cooperating with police after fatal accident
China's Xiaomi said on Tuesday that it was actively cooperating with police after a fatal accident of an SU7 car on March 29 and handed over driving and system data.
Xiaomi Stock and the Rest of China's ‘Terrific 10' Are the Tech Bet for 2025
Nvidia, Tesla, and the rest of Big Tech are having a rough go of it, while China's Terrific 10—Alibaba, Tencent, Meituan, Xiaomi, JD.com, NetEase, Baidu, BYD, Geely, and SMIC—are not. That raises the question: Are the Mag Seven yesterday's news and is it time to focus on their Chinese counterparts instead?
Xiaomi Raises $5.5 Billion From Share Sale to Fund EV Expansion
Xiaomi has raised about $5.5 billion in an upsized share sale, as the Chinese tech firm capitalizes on a surge in its stock price to help raise funds to expand its electric-vehicle business. Bloomberg's Minmin Low reports.
China's Xiaomi to raise $5.5 billion in placement for business expansion
China's Xiaomi Corp said on Tuesday it is looking to raise an aggregate of HK$42.6 billion ($5.48 billion) via a placement in a bid to accelerate business expansion.
Xiaomi raises $5.5 billion to fuel electric vehicle expansion
Xiaomi Corp. is poised to inject a substantial $5.5 billion into its ambitious electric vehicle (EV) program through an upsized share sale, sources familiar with the matter have revealed to Bloomberg.
Xiaomi to raise $5.3B from share sale
Xiaomi has commenced a share sale to raise as much as $5.3 billion. The Beijing-based technology company is offering 750 million Class B shares priced between HK$52.80 and HK$54.60 each.
China's Xiaomi raising up to $5.27 billion in placing
China's Xiaomi Corp is raising up to $5.27 billion in a top-up placement, according to a term sheet seen by Reuters.
Xiaomi: Strong Business Momentum But Valuation Demands Caution
Xiaomi's 4Q24 results exceeded expectations, driven by strong performance in smartphones, IoT, and EVs, solidifying its competitive moat and ecosystem. Despite positive fundamentals, Xiaomi's 70% YTD appreciation and current valuation led to a downgrade to HOLD from BUY, suggesting profit-taking or waiting for a better entry point. Xiaomi's ecosystem, bolstered by premium smartphones, IoT devices, and successful EV launches, positions it as a top tech pick in China.
