<p>BOCI Research published a research report stating that the team attended Xiaomi's meeting last Friday. They forecast a traditional business with a P/E ratio of 15 times and an electric vehicle business with a P/S ratio of 3 times. The target price for Xiaomi was raised slightly from HKD 25.18 to HKD 25.72. They reiterated it as a top pick stock and maintained a &#34;buy&#34; rating</p>

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<p>BOCI Research published a research report stating that the team attended Xiaomi's meeting last Friday. They forecast a traditional business with a P/E ratio of 15 times and an electric vehicle business with a P/S ratio of 3 times. The target price for Xiaomi was raised slightly from HKD 25.18 to HKD 25.72, reiterating it as a top pick with a "buy" rating</p>

CICC International: Raises Xiaomi's target price to HKD 25.72, adjusts electric vehicle sales and profit forecasts

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