CICC Reaffirms 'Outperform' Rating for Xiaomi Group, Elevating Target Price to HK$76.9 - Smart Car

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CICC Reaffirms 'Outperform' Rating for Xiaomi Group, Elevating Target Price to HK$76.9

2025-06-27 / Read about 0 minute

Author：小编

CICC has reaffirmed its 'Outperform' rating for Xiaomi Group and increased the target price to HK$76.9. The investment bank attributes this decision to Xiaomi's recent product launch event, where it unveiled the Xiaomi YU7, Xiaomi AI glasses, and various new IoT products. Notably, the pre-sales performance of the Xiaomi YU7 surpassed initial expectations.

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