Xiaomi Corp. $1810.HK faces mounting pressure to meet, if not surpass, investors’ bullish forecasts as it prepares to release quarterly earnings. The Hong Kong-listed shares of the Chinese electric vehicle and smartphone manufacturer have rallied nearly 90% over the past six months, making it the top-performing constituent of the Hang Seng Tech Index. The company’s valuation now stands at 28 times estimated forward earnings, a premium rarely matched within the sector and indicating heightened expectations for ongoing high growth and profitability.