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Xiaomi Corporation (01810.HK) will release its second-quarter financial report on Tuesday. According to a Visible Alpha survey of analysts, Xiaomi's net profit for the second quarter is expected to reach RMB 6.01 billion, compared to RMB 11.9 billion

2026-08-17

Xiaomi Corporation (01810.HK) will release its second-quarter financial report on Tuesday. According to a Visible Alpha survey of analysts, Xiaomi's net profit for the second quarter is expected to reach RMB 6.01 billion, compared to RMB 11.9 billion in the same period last year; second-quarter revenue is expected to decline by 5.3% year-on-year to RMB 109.82 billion. Citigroup points out that considering the weak sales performance of its smartphone, IoT, internet, and electric vehicle businesses, coupled with rising memory prices and intensified market competition putting pressure on profit margins, Xiaomi's overall performance in the second quarter is likely to remain relatively weak. Citigroup expects Xiaomi's overall gross margin for the second quarter to narrow to 19.7%.

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2026-08-17

Haina International: Lowered its target price for JD.com (JD.O) from $35 to $30.

Haina International: Lowered its target price for JD.com (JD.O) from $35 to $30.
2026-08-17

Japan's final industrial production growth rate for June was 1.9%, compared to 1.30% in the previous month.

Japan's final industrial production growth rate for June was 1.9%, compared to 1.30% in the previous month.
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