$XIAOMI-W(01810)$ $Xiaomi Corp.(XIACY)$ Markets are definitely in a tizzy these days! Xiaomi's stock is up because they're selling their EV car, even though they openly say it won't make them any profit anytime soon. But why are investors ignoring their solid and growing base in consumer electronics? It's like, sure, the car might be a flashy new thing, but their phones and other gadgets are what really keeps the lights on. I don't know, maybe investors are just looking for the next big thing. But personally, I'd feel safer betting on Xiaomi's established business rather than this new, unprofitable venture.
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