Amongst the big tech stocks ATMX ( $BABA-W (09988.HK)$ $TENCENT (00700.HK)$ $MEITUAN-W (03690.HK)$ $XIAOMI-W (01810.HK)$ Medium, XiaomiIt is the only stock to break through the October 8 high, and the stock outperformed $Hang Seng Index (800000.HK)$ with $Hang Seng TECH Index (800700.HK)$ 。 The commonly used moving average lines on the chart also appear”Multi-Head ArrangementIn the favorable trend, the market price as of November 18, Xiaomi rose 84.6% year-to-date, placing the Blue Chip third on the list. Fundamentally, the main beneficiaries of the recent Xiaomi 15 smartphone sales and the SU7 launched this year have achieved good results. This third quarter results remain the focus of the market, and the underlying price will be a key factor in the share price once again. (What to say about Xiaomi last season: You can also pay attention”Xiaomi results exceed expectations, investment highlights by number“)
In terms of the results surface figures, both revenue and adjusted net profit beat market expectations. Given the high expectations of the market itself (good sales of phones and cars in the previous quarter were reflected in the operating figures of the past), the results were quite satisfactory this time.Xiaomi's third-quarter revenue was $92.507 billion (...