SEHK:1810Tech
Xiaomi (SEHK:1810) Valuation Check After Fading Momentum And Strong Three Year Returns
What Xiaomi’s recent performance metrics suggest for investors
Xiaomi (SEHK:1810) has been on many investors’ watchlists after a mixed run, with a modest 1-day gain and small move over the past week alongside negative month and past 3 months returns.
Over longer horizons the picture is different. Xiaomi’s 3-year total return is described by a very large multiple compared with its 1-year and year-to-date declines. This prompts questions about how current pricing lines up with its...