Xiao Yang's analysis is good and very objective. T

Xiao Yang's analysis is good and very objective. Tutu gives you a like.

But let me tell you,

Ignore that old guy named Lee in the comment section. He holds extreme prejudice towards Xiaomi and most Hong Kong stocks. He often acts like a know-it-all with a teacherly filter, nitpicking in Xiaomi's comment section, posting various remarks to discourage others, and constantly hyping up US stocks. It's not just annoying; it's downright disgusting 🤢🤢🤢$XIAOMI-W(01810.HK)

是小洋bb吖

$XIAOMI-W(01810.HK) First, a disclaimer: I'm a newbie, welcome to point out issues and discuss, thanks.

Looking at the recent trend, it's clear that after the rebound, it failed to form an effective support level. Moreover, during the sharp decline, trading volume still didn't shrink, selling pressure remains high, and the Bollinger Bands have been suppressed throughout. The full-year 2025 financial report was very impressive, with net profit and revenue repeatedly hitting new highs. However, with rising storage costs and the sweeping trend of AI, the 2026 financial report is likely to shrink compared to 2025. This is the trend across the entire industry. Furthermore, in the fields of robotics and AI, Xiaomi's operations, from what we can see, lean more towards investing in other companies. What Xiaomi itself is doing seems unremarkable and cannot serve as a narrative business for Xiaomi. From this perspective, the short-term outlook remains bearish.

However, looking ahead, Xiaomi's automotive business, with the new generation SU7 about to launch, shows many upgrades seen so far. There have been more or less leaks about the YU7GT and YU9, which will be launched in sequence. The current P/E ratio is also relatively low, but it's still estimated based on the smartphone and internet business. The automotive, AI, and robotics sectors are still uncertain factors. The momentum of the automotive business is evident to all. If it continues to progress steadily, this will be the primary driving force for the stock. Secondly, the Hang Seng Tech Index's major correction has already reached 29% and has a relatively strong support level around 4800. The likelihood and magnitude of further decline are relatively low. Furthermore, it depends on what Xiaomi can deliver in the AI and robotics businesses in 2026.

In summary, in my view, the short-term trend is still mainly downward, or it may grind at the bottom around 30. However, with the steady development of the automotive business, future gains are inevitable, and the momentum will be strong.

In the short term, don't chase highs when you see a rebound. Short-term traders can exit on rebounds and enter on dips. Medium-to-long-term investors should set good prices and average down on dips. If you have no position, just hold steady; Xiaomi won't go under.