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Hopehope赋予希望

$Tiger Brokers(TIGR)$

I have always made it a habit to visit Xiaomi store since I have a big position in Xiaomi shares.

It has always been consistent to see that Xiaomi has a full range of electronic products as part of its internet of things business segment. With this, you will not be surprised when I mentioned that there are air purifiers, mobile phones, robot vacuum cleaners, electronic screw drivers, smartwatch and bands, air fryers, dehumidifier, fan, computer monitor, electronic toothbrush, Xiaomi pad, TV, doorbell video, etc etc.

It has clearly developed a full ecosystem where it's existing business model has made the manufacture of any electronic products extremely convenient. The scale of businesses is big too!

When people start to compare Xiaomi against that of Huawei, all I can say is it is not a perfect comparison. Xiaomi which was founded like 20 years after Huawei has done alot to improve its tech ecosystem and with its own innovation via it's research and development.

I am sure Xiaomi will do well in the long run. In the meantime, it did kind of suffer as it's investor relations team has not done a good positioning of the company.

I will continue to hold my Xiaomi shares.

As always, this should not be construed as any investment or trading advice.

$XIAOMI-W(01810)$ $XIAOMI-WR(81810)$ $Xiaomi - Dec 2023(MIU2312)$

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