小米集团:2025 年秋季发布会回顾- 生态全链高端化;17 ProPro Max 创新成焦点;买入评级


Equity Research 26 September 2025 | 1:09AM HKT Xiaomi Corp. (1810.HK) Xiaomi Launch Fall 2025 event review: Premiumization across ecosystem; 17 Pro/Pro Max innovation in the spotlight; Buy 1810.HK 12m Price Target: HK59.45 Upside: 11.0% We virtually joined the Xiaomi Launch Fall 2025 event hosted in Munich and Beijing on Sep 24-25, where Xiaomi released the Xiaomi 17 flagship smartphone series in China with enriched model lineup (17, 17 Pro and 17 Pro Max) and Xiaomi 15T series in internati ...