Traded ValueI think it takes time for capital to reverse direction. Looking at the situation in other sectors, the turning point is coming soon. It might not increase tenfold, but a recovery of 30-40% is not a big problem.
$XIAOMI-W(01810.HK)Xiaomi is already severely undervalued. The call volume of its large model is already close to that of DeepSeek, meaning the valuation based on the large model alone already exceeds 500 billion. When institutional investors redefine Xiaomi not as a hardware company but as a hardware plus AI company, its valuation may increase tenfold.
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