China's technology stocks rallied Tuesday. E-commerce firm Alibaba and smartphone maker Xiaomi both saw their stock price surge over 4%, while video games firm Tencent and online services company Meituan also gained.
Some of China's prominent business leaders, including the heads of carmakers BYD and Xiaomi , said they would resist external pressure and keep innovating, following a rare meeting between President Xi Jinping and the private sector.
Mainland China and Hong Kong stocks ended a choppy week lower after a strong performance run since the start of the year.
A government subsidy scheme for electronics purchases has boosted sales in the world’s largest smartphone market.
Xiaomi founder Lei Jun introduces the SU7 Ultra during a launch event held in Beijing, China, Thursday, Feb. 27, 2025. (AP Photo/Ng Han Guan)
Chinese technology stocks advanced sharply on Friday, with Alibaba Group Holding Ltd. jumping 11.41% in Hong Kong trading, as investors responded to positive earnings guidance and anticipated monetary policy easing from Beijing.
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Xiaomi 15 Ultra is a small update with a big periscope lens
Xiaomi's Photography Kit Gets an Upgrade for the 15 Ultra
Xiaomi 15 Ultra goes official with boldest camera bump yet
After teasers showcasing Xiaomi’s upcoming phone cropped up, it was clear the company was set on creating a device
Currently available only in China, the electric super sedan delivers a staggering 1,527 hp—all for a shockingly low starting price of 529,900 renminbi (approximately $72,800). The SU7 is the first car from Xiaomi,
Asian equities were mixed overnight as Indonesia outperformed, Taiwan underperformed, and South Korea was closed for Independence Day.
Xiaomi unveiled its Pad 7 and Pad 7 Pro tablets in China back in October 2024, and while the standard Pad 7 just made its global debut at MWC 2025, the lineup might not be done expanding. According to recent leaks,
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