Morgan Stanley: Gives Xiaomi Corporation-W a target price of HKD 45 and a rating of "Overweight"
Morgan Stanley released a research report stating that Xiaomi Corporation-W's management has demonstrated a strong commitment to artificial intelligence (AI), elevating AI to a strategic priority for the entire group. The firm noted that the group's foundational model has performed very well since its launch, and the company's strategy is to leverage AI to reshape its entire "people × vehicle × home" ecosystem. Morgan Stanley set a target price of HKD 45 for Xiaomi and upgraded its rating to overweight, considering the group as a preferred stock. The firm mentioned that Xiaomi plans to launch new electric vehicles (EVs), new system-on-chip (SoC) solutions, and new AI models in the future while continuing to develop its overseas network. For its smartphone business, Xiaomi faces the main challenge of rising memory costs, and management will take proactive measures such as optimizing product design to strive to become a winner across cycles
According to Zhitong Finance APP, Morgan Stanley released a research report stating that Xiaomi Corporation-W (01810) management has demonstrated a strong commitment to artificial intelligence (AI), elevating AI to a strategic priority for the entire group. The firm noted that the group's foundational model has performed very well since its launch, and the company's strategy is to leverage AI to reshape its entire "people × vehicles × home" ecosystem. Morgan Stanley set a target price of HKD 45 for Xiaomi; the rating is upgraded to overweight, and the group is viewed as a preferred stock.
The firm mentioned that Xiaomi plans to launch new electric vehicles (EVs), new system-on-chip (SoC) solutions, and new AI models in the future, while continuing to develop its overseas network. For the smartphone business, Xiaomi faces the main challenge of rising memory costs, and management will take proactive measures such as optimizing product design to strive to become a winner across cycles
