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<Research>Citi Rates XIAOMI-W as Buy; AI Development in Focus
Recommend 13 Positive 30 Negative 10 |
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XIAOMI-W (01810.HK) recently held its 2026 Investor Day, and the market primarily focused on and discussed AI and large language models as expected, according to a report from Citi. The report cited XIAOMI-W's management as saying that the company had effectively addressed challenges such as rising costs, geopolitical conflicts, and weak consumption. In addition, an investment of RMB200 billion is planned over the next five years, of which RMB60 billion will be allocated within three years for R&D projects and AI investments. Citi has given XIAOMI-W a target price of HKD40 and a Buy rating. Auto-translated by AI AASTOCKS Financial News |
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