Derivatives and Quantitative Strategist

Gaudenz Schneider

Equity Derivatives

<ul>
<li>
<a href="https://www.smartkarma.com/entities/xiaomi-corp" target="_blank" data-smartkarma-citation="entities:24409:1" rel="noopener">Xiaomi Corp (1810 HK)</a> is set to announce 2024 results after the close on 18 March. </li>
<li>Options markets imply a price movement in excess of historic averages, creating trading opportunities through calendar spreads and short straddles that capitalize on March's elevated implied volatility.</li>
<li>
<a href="https://www.smartkarma.com/entities/xiaomi-corp" target="_blank" data-smartkarma-citation="entities:24409:1" rel="noopener">Xiaomi Corp (1810 HK)</a> is a major constituent in key Hong Kong indices (<a href="https://www.smartkarma.com/entities/hong-kong-hang-seng-index" target="_blank" data-smartkarma-citation="entities:22899:1" rel="noopener">HSI Index</a>, <a href="https://www.smartkarma.com/entities/hang-seng-china-enterprises-index" target="_blank" data-smartkarma-citation="entities:22900:1" rel="noopener">HSCEI Index</a>, and <a href="https://www.smartkarma.com/entities/hang-seng-tech-index" target="_blank" data-smartkarma-citation="entities:31367:1" rel="noopener">HSTECH Index</a>). Its post-results move will likely impact the broader market.</li>
</ul>



Xiaomi Corp (1810 HK) is set to announce 2024 results after the close on 18 March. 
Options markets imply a price movement in excess of historic averages, creating trading opportunities through calendar spreads and short straddles that capitalize on March's elevated implied volatility.

Xiaomi Corp (1810 HK) is a major constituent in key Hong Kong indices (HSI Index, HSCEI Index, and HSTECH Index). Its post-results move will likely impact the broader market.


Xiaomi (1810 HK): Overpriced Volatility Ahead of 2024 Results

Equity Derivatives and Volatility Specialist, Clifton Derivatives

John Ley

Equity Derivatives and Volatility Specialist

Clifton Derivatives

Independent derivative and volatility research firm focusing on events/catalysts, earnings, relative value and cross asset volatility strategies.

<ul>
<li>Xiaomi earnings are upcoming. We analyze what the options market is pricing and examine historical trends and tendencies.</li>
<li>Historical earnings reactions show notable differences across quarters, with Q4 standing out for its downside risk.</li>
<li>We outline a tactical hedge that minimizes jump risk while taking advantage of extended implied volatility.</li>
</ul>


Xiaomi earnings are upcoming. We analyze what the options market is pricing and examine historical trends and tendencies.
Historical earnings reactions show notable differences across quarters, with Q4 standing out for its downside risk.
We outline a tactical hedge that minimizes jump risk while taking advantage of extended implied volatility.


Xiaomi Earnings: Option Market Expectations, Past Performance and Hedge Opportunities

Articles from Caixin Global, Caixin Global

Caixin Global

Articles from Caixin Global

Caixin is a media group dedicated to providing financial and business news through periodicals, online content, mobile apps, conferences, books and TV/video programs. Caixin aims to blaze a trail that helps traditional media prosper in the new media age through integrated multimedia platforms.

News from Caixin

Equity Bottom-Up

<ul><li>Xiaomi Corp. aims to expand its electric vehicle sales outside China by 2027, while accelerating the international rollout of its other consumer electronics, company president William Lu said at the Mobile World Congress (MWC) in Barcelona on Monday.</li><li>During the event, Xiaomi unveiled its high-end Xiaomi 15 Ultra smartphone series to the global market, priced at 1,499 euros. The company also showcased its premium electric sedan, the SU7 Ultra, and the Xiaomi SU7, though these vehicles have yet to be launched outside China.</li><li>“After MWC, I plan to visit several European countries with the goal of officially introducing Xiaomi cars overseas by 2027,” Lu said on the sidelines of the event. He revealed that Xiaomi will begin offering its home appliance products in international markets next year.</li></ul>

Xiaomi Corp. aims to expand its electric vehicle sales outside China by 2027, while accelerating the international rollout of its other consumer electronics, company president William Lu said at the Mobile World Congress (MWC) in Barcelona on Monday.During the event, Xiaomi unveiled its high-end Xiaomi 15 Ultra smartphone series to the global market, priced at 1,499 euros. The company also showcased its premium electric sedan, the SU7 Ultra, and the Xiaomi SU7, though these vehicles have yet to be launched outside China.“After MWC, I plan to visit several European countries with the goal of officially introducing Xiaomi cars overseas by 2027,” Lu said on the sidelines of the event. He revealed that Xiaomi will begin offering its home appliance products in international markets next year.

Xiaomi Aims to Take Its EV Sales Overseas by 2027 

Overseas Chinese Equities, Aequitas Research

Ming Lu

Overseas Chinese Equities

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

<ul>
<li>We believe all business, including smartphone and vehicle, will grow strongly in 4Q24 and 2025.</li>
<li>We expect EPS will increase by 15% YoY in 4Q24 and 41% in 2025.</li>
<li>However, we believe the market overvalues the newly launched vehicle business.</li>
</ul>


We believe all business, including smartphone and vehicle, will grow strongly in 4Q24 and 2025.
We expect EPS will increase by 15% YoY in 4Q24 and 41% in 2025.
However, we believe the market overvalues the newly launched vehicle business.


Xiaomi (1810 HK): 4Q24 Preview, All Businesses Healthy, But Vehicle Overvalued

<ul>
<li>Xiaomi has had a remarkable rally, ranking at the 99th percentile for all previous 1-month price changes.</li>
<li>Implied vols have surged along with price with 1M, 2M and 3M implied vols all ranking above the 95th over the past 4 years.  </li>
<li>We recommend how to manage risk and positioning given the extreme price and implied vol dynamics.</li>
</ul>


Xiaomi has had a remarkable rally, ranking at the 99th percentile for all previous 1-month price changes.
Implied vols have surged along with price with 1M, 2M and 3M implied vols all ranking above the 95th over the past 4 years.  
We recommend how to manage risk and positioning given the extreme price and implied vol dynamics.


Xiaomi: 3 Option Hedges for Extreme Price & Volatility Environment

China

Xiaomi Corporation manufactures communication equipment and parts. The Company produces and sells mobile phones, smart phone software,  set-top boxes, and related accessories. Xiaomi markets its products worldwide.

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Xiaomi Corp (1810 HK)

Xiaomi (1810 HK): Overpriced Volatility Ahead of 2024 Results

Xiaomi Corp (1810 HK) to announce 2024 results with options markets indicating potential trading opportunities. Potential impact on key Hong Kong...

Gaudenz Schneider

Xiaomi Earnings: Option Market Expectations, Past Performance and Hedge Opportunities

Analysis of Xiaomi's upcoming earnings reveals historical trends and a tactical hedge strategy to minimize downside risk and capitalize on...

John Ley

Xiaomi Aims to Take Its EV Sales Overseas by 2027

(Barcelona) — Xiaomi Corp. aims to expand its electric vehicle sales outside China by 2027, while accelerating the international rollout of its...

Caixin Global

Xiaomi (1810 HK): 4Q24 Preview, All Businesses Healthy, But Vehicle Overvalued

We believe all business, including smartphone and vehicle, will grow strongly in 4Q24 and 2025. However, we believe the market overvalues the newly...

Ming Lu

Xiaomi: 3 Option Hedges for Extreme Price & Volatility Environment

Xiaomi's impressive rally, surging implied vols, upcoming earnings and index re-balance call for careful risk management and option positioning...

John Ley

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Xiaomi (1810 HK): Overpriced Volatility Ahead of 2024 Results

​Xiaomi Corp (1810 HK) to announce 2024 results with options markets indicating potential trading opportunities. Potential impact on key Hong Kong...

Gaudenz Schneider

Xiaomi Earnings: Option Market Expectations, Past Performance and Hedge Opportunities

​Analysis of Xiaomi's upcoming earnings reveals historical trends and a tactical hedge strategy to minimize downside risk and capitalize on...

John Ley

Xiaomi Aims to Take Its EV Sales Overseas by 2027

(Barcelona) — Xiaomi Corp. aims to expand its electric vehicle sales outside China by 2027, while accelerating the international rollout of its...

Caixin Global

Xiaomi (1810 HK): 4Q24 Preview, All Businesses Healthy, But Vehicle Overvalued

We believe all business, including smartphone and vehicle, will grow strongly in 4Q24 and 2025. However, we believe the market overvalues the newly...

Ming Lu

Xiaomi: 3 Option Hedges for Extreme Price & Volatility Environment

​Xiaomi's impressive rally, surging implied vols, upcoming earnings and index re-balance call for careful risk management and option positioning...

John Ley

Xiaomi Corp (1810 HK) to announce 2024 results with options markets indicating potential trading opportunities. Potential impact on key Hong Kong...

Analysis of Xiaomi's upcoming earnings reveals historical trends and a tactical hedge strategy to minimize downside risk and capitalize on...

Xiaomi's impressive rally, surging implied vols, upcoming earnings and index re-balance call for careful risk management and option positioning...