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<Research>Citi: XIAOMI-W (01810.HK) Beijing R&D Building Fails to Pass Final Acceptance, Not Related to EV Production
Recommend 21 Positive 18 Negative 22 |
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Chinese media said that XIAOMI-W (01810.HK)'s Beijing phase 2 factory R&D building failed to pass the final acceptance, according to Citi Research's research report. The broker noted that the building is a supporting service office and not related to EV production. Citi Research believed that, based on the current delivery pace, XIAOMI-W can exceed its target of delivering over 350,000 units this year. Therefore, the broker now rated XIAOMI-W at Buy, with a target price of $66. AASTOCKS Financial News Website: www.aastocks.com |
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