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Express News | Trump commented on the China-USA trade negotiations: significant progress has been made!!!
Express News | The headquarters site vacated by Xiaomi has been transformed into luxury residences, with Greentown opening the project and selling over 7 billion.
Express News | According to CGTN, high-level Sino-U.S. trade talks will continue in Geneva.
Express News | According to the Passenger Vehicle Association, retail sales of New energy Passenger Vehicles in April reached 0.905 million units, a year-on-year increase of 33.9%.
Express News | The largest Xiaomi Autos flagship center in Shanghai is located in the Shanghai Waigaoqiao Free Trade Zone Group, with plans to officially open in October this year.
By comparing Apple, Tesla, and BYD, Morgan Stanley explained the logic behind Xiaomi's valuation potentially doubling within five years.
Morgan Stanley believes that, referencing the historical data of Tesla and BYD, as Xiaomi's electric vehicle sales explode over the next two years (with a CAGR of over 100%), the company's electric vehicle Business P/S is also expected to expand rapidly, reaching 2-3 times by 2026. Furthermore, with the model of "Smart Phone + AIoT + Internet services", Xiaomi is expected to replicate Apple's success, with Morgan Stanley predicting that this Business will reach a PE of 20-25 times by 2025.