According to a research report published by Citigroup, the Xiaomi Group announced that it had delivered more than 50,000 electric vehicles in October. The bank believes that the short-term stock price is expected to remain stable after the third quarter results preview, but it also provides another opportunity to attract market entry, and can be used as a defensive deployment to revive artificial intelligence sentiment. The bank gave Xiaomi a “buy” rating, with a target price of HK$33.2.

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