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XIACY Xiaomi Corp.
Trading 02-23 15:23:00 EST Delay
BRIEF-Xiaomi Bought Back 4.3 Mln Type B Shares For HK$152.2 Mln On Feb 20, HKEX Filing Shows
Luko Technology Files for Hong Kong IPO: Xiaomi Accounts for 60% of Revenue While Squeezing Margins and Extending Payment Terms, Over Half of Institutional Investors in Exit Phase
Xiaomi Corp is an investment holding company primarily engaged in the research and development, and sales of smartphones, Internet of Things (IoT), and consumer products. The Company operates through two main segments. The Smartphone and Artificial Intelligence Internet of Things (AIoT) segment, which primarily sells smartphones, smart large home appliances, smart TVs, tablets, wearables and other IoT and lifestyle products, providing advertising services and Internet value-added services (including online games and fintech), hardware repair services, installation services for certain IoT products and material sales. The Smart Electric Vehicles (EV) and Other New Initiatives segment primarily engages in the sales of smart EV and other new initiatives. The Company operates in both the domestic and overseas markets.