For the very first time, Xiaomi 's EV segment achieved its quarterly operating profit. This was due to significant delivery growth and higher average selling prices.
However Xiaomi faces headwinds due to intense competition in its smartphone market, rising memory chip costs and recent stock price volatility.
Nonetheless analysts are still bullish on Xiaomi rating it as a Buy.
I believe that this is a great time to bargain hunt Xiaomi as it has lots of exponential growth ahead.
@Tiger_comments @TigerStars @Tiger_SG @TigerClub @CaptainTiger
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