Market Chatter: Xiaomi's Market Value Hits HK$100 Billion; Shares Up 5%

MT Newswires Live

2025/02/04

Xiaomi's (HKG:1810) stock price on Monday hit a record high of HK$39.85, with market value reaching HK$100 billion, Pandaily reported Monday.

The smartphone maker achieved third-quarter 2024 profit of 53.5 billion yuan, according to the report. This was 44% higher than the year-ago figure and the estimated profit of 47.3 billion yuan.

Shares of Xiaomi rose over 5% in recent trade.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This was 44% higher than the year-ago figure and the estimated profit of 47.3 billion yuan.</p><p>Shares of Xiaomi rose over 5% in recent trade.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. 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