SEHK:1810Tech
Xiaomi (SEHK:1810) Stock Flat As Margin Holds And EV Losses Linger
Xiaomi stock closed at HK$27.44 after the Q2 2026 print, leaving investors to weigh a flat near term share price against earnings that were all about profit quality. The headline was simple: revenue reached RMB 108.9b while net income excluding extra items came in at RMB 9.5b. However, the real story sat in a group gross margin close to 19.8%.
For a consumer electronics and smart devices company that lives or dies on hardware economics, that margin outcome will matter more to your view on...