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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Share CFD Trading FAQ

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.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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