Core Viewpoint - Xiaomi's stock has decreased by 20% since July, reaching a targeted range for further accumulation, with the stock trading around HKD 57 ($7.4) back in July [1] Group 1: Stock Performance - The stock has experienced a significant decline of 20% since the analyst's coverage began in July [1] - The current trading price of Xiaomi's stock is approximately HKD 57 ($7.4) [1] Group 2: Analyst's Perspective - The analyst emphasizes a value-oriented approach to investment, suggesting that valuation is more indicative of long-term opportunities or risks rather than short- to mid-term timing [1] - The analyst often assigns more value to the written word and data presented than to a simple rating, frequently rating stocks as hold/neutral even when having a bullish or bearish inclination [1]
Xiaomi Stock: Weakness Is Here - Accumulating (OTCMKTS:XIACY)