A demo booth has revealed some details about the Mi 11 Lite, which Xiaomi is expected to announce in 4G and 5G versions within the next few months. The Mi 11 Lite 4G will have Qualcomm's Snapdragon 732G SoC, but both models should have 10-bit and 90 Hz OLED displays.
https://www.notebookcheck.net/Mi-11-Lite-4G-leak-details-a-Qualcomm-Snapdragon-732G-SoC-and-a-90-Hz-OLED-display-for-Xiaomi-s-budget-smartphone.527993.0.html
In sum: worse in every way to the Redmi Note 10 Pro. Sometimes I wonder if Xiaomi releases some of their smartphone models just to show up on tech sites more often.
SD 732g will likely be the new SD 625. I still remember few years ago where SD 625 was so popular that every phone manufacturers produced it in several models.