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公司更新 | 小米集團(1810 HK/持有/港幣25.96元/目標價:港幣27.6元)
小米正式宣佈SKYNOMAD的鎖單量已達70,000輛,處於市場預期偏低的一端,不過由於訂單多鎖定於較高端的SKU,產品組合表現或會好於預期。整體電動車出貨交付進度符合預期,有望達成我們設定的430,000部目標,而持續的高端化趨勢亦讓我們對小米的長期產品組合更為樂觀。因對智能手機業務疲弱存有隱憂,目前維持「持有」評級。目標價調至港幣27.6元。
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