1810.HK is trading 4.7% up at $22.66 as investors look past reports of reduced shipment targets to focus on potential pricing power and a recovery from recent overselling.
- Xiaomi, Oppo, and Vivo are reportedly cutting 2026 shipment targets by up to 30% due to anticipated shortages in AI-related memory components.
- Despite the lower targets, investors are repositioning on expectations that constrained supply could support higher pricing power for leading brands like Xiaomi.
- The rebound follows recent analyst commentary suggesting the stock's previous pullback was overdone, prompting a relief rally.