Daiwa: Raises Xiaomi Group-W (01810.HK) target price to HK$35, anticipating improvement in smartphone business.

Zhitong Finance APP has learned that Daiwa released a research report stating that Xiaomi Group-W (01810.HK), driven by smartphone premiumization leading to margin improvement, has slightly raised its earnings per share forecasts for 2027 to 2028 by 1%, reiterated its "Buy" rating, and raised its target price from HK$30 to HK$35.