The analyst rating from BOCI for XIAOMI-W (01810.HK) is a "Buy" with a target price set at HKD 47.88. The reasoning behind this rating is based on the company's continuous investment in AI large models, robots, and chips, which are expected to support its current valuation. Despite a projected decline in gross profit margin due to a decrease in high-margin ultra models, the overall growth in revenue and economies of scale are anticipated to continue pushing up operating profit quarter-over-quarter.
