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<Research>UOB Kay Hian Elevates XIAOMI-W (01810.HK) TP to $31.7, Envisions 3Q Adjusted NP RMB6B
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UOB Kay Hian released a report predicting XIAOMI-W (01810.HK) to record adjusted net profit of RMB6 billion for 3Q on the back of strong sales and profitability in the IoT product segment, while its smartphone, internet services, and electric vehicle businesses will meet expectations.

The broker maintained a Buy rating for XIAOMI-W, with a TP raised from $24.4 to $31.7.

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