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.
Yuyuantan Tian: Why has China agreed to engage with the U.S. at this time? This is based on three considerations.
On the morning of May 7, the Ministry of Foreign Affairs announced that from May 9 to 12, the Chinese side would visit the Swiss Franc, during which talks will be held with the U.S. side.
Jack Ma appeared at the Alibaba Day event, going to the "Lakeside Cottage" to revisit the place of entrepreneurship.
Reports say that Alibaba founder Jack Ma appeared at the Alibaba Day event, wearing the "Fengqingyang" badge, and specifically went to the Lakeside Cabin that represents Alibaba's entrepreneurial spirit.
Express News | Trump: Imposing an 80% tariff on China seems reasonable.
Is the A+H share market a wealth code? The rise rate in the past 5 days reached as high as 77%, with Shandong Molong Petroleum Machinery soaring over 80%.
The recent rise of Hong Kong stocks A+Listed in Hong Kong is the result of valuation repair, policy support, and capital inflow resonance. Institutions generally believe that Hong Kong stocks still have investment value, but it is necessary to select symbols carefully and pay attention to profit certainty. Investors can reference the trends of Southbound capital and changes in AH premiums, adjusting the strategy dynamically according to their own risk preferences.
Express News | The central bank's execution report on China's MMF policy for the first quarter: maintain reasonable growth in financing and the total amount of MMF.