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Xiaomi shares surged to an all-time high in Hong Kong, reflecting growing investor confidence in the Chinese electronics giant. The stock climbed as much as 6.2%, reaching HK$43.05 ($5.53 USD) before settling at a 4.5% gain in afternoon trading.
The rally comes as Xiaomi gears up to release its flagship Xiaomi 15 Ultra later this month, a premium smartphone expected to bolster the company’s growth trajectory. Analysts point to strong consumer demand, competitive pricing, and an expanding product lineup as key drivers behind the stock’s momentum.
Xiaomi has been steadily expanding its market share beyond smartphones, with investments in AI, electric vehicles, and smart home devices. Investors remain optimistic that the company’s diversification strategy will fuel sustained growth, even amid geopolitical tensions and economic uncertainties.
With earnings expectations running high, Xiaomi’s latest stock surge underscores its position as a dominant force in the global consumer tech market. The upcoming earnings report will be a key test of whether the company can maintain this bullish momentum.
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