🌟🌟🌟Xiaomi $XIAOMI-W(01810)$

🌟🌟🌟Xiaomi $XIAOMI-W(01810)$ delivered a surprisingly strong Q3 despite Bearish market sentiments. Revenue is up 22.3% year over year and net profit surging 81%.

For the very first time, Xiaomi 's EV segment achieved its quarterly operating profit. This was due to significant delivery growth and higher average selling prices.

However Xiaomi faces headwinds due to intense competition in its smartphone market, rising memory chip costs and recent stock price volatility.

Nonetheless analysts are still bullish on Xiaomi rating it as a Buy.

I believe that this is a great time to bargain hunt Xiaomi as it has lots of exponential growth ahead.

@Tiger_comments @TigerStars @Tiger_SG @TigerClub @CaptainTiger

Lei Jun Buys the Dip in Xiaomi! Is 40 the Bottom or the Top?

According to a HKEX announcement on November 24, Xiaomi founder, chairman, and CEO Lei Jun personally spent over HK$100 million to acquire 2.6 million Xiaomi shares, raising his stake to 23.26%. Earlier this month, Xiaomi also conducted two consecutive days of stock buybacks on November 20–21, repurchasing 21.5 million shares for over HK$800 million.

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