$XIAOMI-W(01810.HK) really don't understand, it was so expensive before, and people still chased it. I saw a blogger shouting that Xiaomi was too cheap before, Apple's PE is 30+, Xiaomi has a home appliance ecosystem, and the phone's PE should be at least 30+. Does he really know what a 30 PE means? Xiaomi's phone business and Apple's phone business are not on the same level. Apple's gross margins, whether in hardware or software, are unparalleled in brand value.