$XIAOMI-W(01810)$ ​Xiaomi's recent financial performance has been impressive. In the fourth quarter of 2024, the company reported a 48.8% increase in revenue, reaching 109 billion yuan (approximately $15.1 billion), surpassing analyst expectations. This growth was driven by strong smartphone sales and the successful launch of their electric vehicle (EV) business, which generated 32.1 billion yuan in revenue with over 135,000 units sold. Such robust financial results highlight Xiaomi's effective business strategy and its potential for sustained growth in the technology and automotive sectors.

# $5.3B Stock Placement: Will Xiaomi Dip to HKD 52?

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