SEHK:1810Tech
Xiaomi (SEHK:1810) Valuation Check As Canada Opens Door To Chinese Electric Vehicle Imports
Canada’s sharp cut to import taxes on Chinese electric vehicles has pushed Xiaomi (SEHK:1810) onto more investors’ radar, as the company’s EV ambitions meet a potential opening in the North American market.
See our latest analysis for Xiaomi.
The Canada news lands at a time when Xiaomi’s recent 30 day share price return of 10% and 90 day return of 19.28% point to fading short term momentum, even as its 3 year total shareholder return of about 21x still reflects a strong longer run outcome.
If...