CX Daily: Strict Rules at Home Push Chinese Metaverse Entrepreneurs, Investors Overseas
Strict rules at home push Chinese metaverse entrepreneurs, investors overseas. World Bank cuts China growth forecasts on property slump, reopening...
633 Views
Xiaomi (1810 HK) – Corp Day Takeaways: smartphone destocking to continue into 4Q22E
Overall, we expect Xiaomi’s global share gain in smartphone to resume in 2023E despite soft market outlook. Trading at 16.7x FY23E P/E, the stock...
318 Views
Xiaomi (1810 HK) – Weak 3Q22 as Anticipated; Expect Sequential Recovery Ahead
Xiaomi’s 3Q22 weakness is well expected given global macro weakness and smartphone demand decline. 3Q revenue/ adj. net profit decline of 10%/59%...
342 Views
CX Daily: The Secrets Behind a Chinese Banking Superstar’s Fall
In Depth: The secrets behind a Chinese banking superstar’s fall. Xi raises Anti-Secession Law in talks with Biden about Taiwan, foreign minister says.
280 Views
Xiaomi (1810 HK) – 3Q22 preview: a soft quarter but expect QoQ recovery in 4Q22
Looking ahead, given macro weakness and near-term destocking, we adjusted FY22/23E smartphone shipment to 159mn/171mn (vs 161mn/ 173mn prior).
81 Views