Mei Ri Jing Ji Xin Wen·2025-11-17 05:55Group 1 - The Hong Kong stock market indices are experiencing a decline, with the Hang Seng Tech Index dropping nearly 1.5% [1] - Xiaomi Group is set to announce its Q3 earnings on November 18, with its stock price nearing a six-month low of 41.68 HKD [1] - Citic Securities forecasts Xiaomi's Q3 revenue to reach 110.1 billion HKD, a year-on-year increase of 19%, and net profit to exceed 10.1 billion HKD, a year-on-year increase of 62% [1] - The long-term outlook for Xiaomi remains focused on two key areas: the continued high-end transition of smartphones and the release of automotive production capacity and performance [1] Group 2 - As of November 14, the valuation of the Hang Seng Tech Index ETF (513180) stands at 22.47 times, lower than other major global tech indices [2] - The current valuation is in the historical low range, being below 74% of the time since the index was launched, indicating a significant value proposition [2] - The Hang Seng Tech Index is characterized by high elasticity and growth potential, suggesting greater upward momentum [2]