Xiaomi Corporation (1810.HK)

Xiaomi Corporation (1810.HK)

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Xiaomi Corporation Profile

Xiaomi Corporation (1810.xhkg) is a Chinese multinational technology company headquartered in Beijing, the People's Republic of China. Xiaomi (1810.xhkg) is principally engaged in the research, development, and sales of smartphone devices, Internet of things (IoT) and lifestyle products, the provision of Internet services, and investment business. The company has been listed on the Hong Kong Stock Exchange (SEHK) since 2018 and its current market cap is $87.06B (USD). Xiaomi Corporation (1810.xhkg) has become the world’s third-largest by shipments mobile phone device manufacturer following Apple and the list’s top Samsung. In February, XIAOMI enlisted more manufacturers to enhance its phone production in India. Former President Trump’s issuance of an executive order that banned the use of telecommunications equipment from foreign firms deemed a national security risk of May 2019, has been recently lifted. XIAOMI’s (1810.xhkg) share price is now in a rough race to recover its value.

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Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

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