Xiaomi(小米)
Fast facts
- Year Founded
- 2018
Source: Qichachawww.qcc.com/firm/h7d639f024445227bcadf84dd3b70a45.htm
- HQ Location
- Beijing, China
- Publicly Traded?
- Yes
Source: Xiaomi Websitewww.mi.com/about
- Overseas Operations
- Yes
In 2021, Xiaomi's overseas revenue reached RMB 163.6 billion (USD 24.5 billion), representing 49.8% of its total revenue and an increase of 33.7% year-over-year. Xiaomi has continued to expand its regional smartphone market shares in all major regions, including Europe, Latin America, the Middle East, Africa, and the Asia Pacific. As of December 2021, the brand ranked No. 1 in 14 countries and regions and among the top five in 62 countries and regions globally, including ranking No. 2 in Europe, with a 22.5% market share. Overall, Xiaomi shipped more than 25 million smartphones to the overseas market in 2021. At the same time, Xiaomi's overseas internet business reached a revenue of RMB 5.0 billion (USD 749.3 million), accounting for 21.5% of total internet services revenue in 2021. In addition, as of the same year, its global monthly average internet user base is 508.9 million people, and its number of TV paid subscribers has reached 4.9 million.Source: Xiaomi Corporation 2021 Annual Reportir.mi.com/static-files/b85f34c0-0010-4a8c-94b9-269d8cd4eca4
- US Sanctions
- No
- Military Affiliation in China
- No
Revenue
Source: Xiaomi Corporation 2021 Annual Reportir.mi.com/static-files/b85f34c0-0010-4a8c-94b9-269d8cd4eca4
Valuation
Valuation is reported as market capitalization. It was converted from HKD using the exchange rate from June 26, 2022 13:49:19.Source: Yahoo Financefinance.yahoo.com/quote/1810.HK/key-statistics
Employees
Source: Xiaomi Corporation 2021 Annual Reportir.mi.com/static-files/b85f34c0-0010-4a8c-94b9-269d8cd4eca4
This is the profile for a publicly listed company known as Xiaomi Corporation. For the profile of the operating company associated with, but distinct from this company, click here: Beijing Xiaomi.
Xiaomi Corporation is one of the world’s leading smartphone companies. As a smart manufacturing company, its main products include smartphones and wearables devices, tablets and laptops, TVs, and routers.
In terms of smartphone shipments, Xiaomi ranked No. 3 in both mainland China and global markets. In 2021, it accounted for 15.2% market share domestically and a record-high market share of 14.1% globally. Moreover, despite the decline in the global TV market, Xiaomi that year managed to grow its shipment of Smart TV to more than 12 million units.
So far, Xiaomi has invested in more than 390 companies, and in 2021, the company ventured into the smart electric vehicle business. Xiaomi is planning to invest over $10 billion in the project over the next 10 years and is already building its first electric vehicle factory in the outskirts of Beijing. It expects to begin mass production of its own electric vehicles in the first half of 2024.
In 2018, Xiaomi went public at HKD 16.60 per share and raised HKD 23.97 billion ($4.72 billion) in its initial public offering.
Roughly 38% of the company is owned by insiders: CEO Jun Lei and President Bin Lin. Overall, the top five shareholders own just over 50% of the company.
Source: Xiaomi 2019 Annual Reportcnbj1.fds.api.xiaomi.com/company/announcement/en-us/2019_AR_E.pdf
-
- Name
- Ownership
-
- Smart Mobile Holdings
Source: Qichachawww.qcc.com/firm/h7d639f024445227bcadf84dd3b70a45.html
- 23.62%
- Smart Mobile Holdings
-
- Apex Star
Source: Qichachawww.qcc.com/firm/h7d639f024445227bcadf84dd3b70a45.html
- 8.62%
- Apex Star
-
- Apex Star FT
Source: Qichachawww.qcc.com/firm/h7d639f024445227bcadf84dd3b70a45.html
- 0.37%
- Apex Star FT
-
- Team Guide Limited
Source: Qichachawww.qcc.com/firm/h7d639f024445227bcadf84dd3b70a45.html
- 0.37%
- Team Guide Limited
-
- Smart Player Limited
Source: Qichachawww.qcc.com/firm/h7d639f024445227bcadf84dd3b70a45.html
- 0.24%
- Smart Player Limited
-
- Bin Lin and Daisy Liu Family Foundation
Source: Qichachawww.qcc.com/firm/h7d639f024445227bcadf84dd3b70a45.html
- 0.24%
- Bin Lin and Daisy Liu Family Foundation
-
- Lín Bīn
Source: Qichachawww.qcc.com/firm/h7d639f024445227bcadf84dd3b70a45.html
- 0.12%
- Lín Bīn
- Léi Jūn (雷军), Chairman of the Board
- Lín Bīn (林斌), Vice Chairman of the Board
- Liú Dé (刘德), Executive Director
- Liú Qín (刘芹), Non-Executive Director
- Chén Dōngshēng (陈东升), Independent Non-Executive Director
- Wáng Shùndé (王舜德), Independent Non-Executive Director
- Táng Wěizhāng (唐伟章), Independent Non-Executive Director
Source: Qichachawww.qcc.com/chkstock/h7d639f024445227bcadf84dd3b70a45.html
In 2021, Xiaomi's overseas revenue reached RMB 163.6 billion (USD 24.5 billion), representing 49.8% of its total revenue and an increase of 33.7% year-over-year. Xiaomi has continued to expand its regional smartphone market shares in all major regions, including Europe, Latin America, the Middle East, Africa, and the Asia Pacific. As of December 2021, the brand ranked No. 1 in 14 countries and regions and among the top five in 62 countries and regions globally, including ranking No. 2 in Europe, with a 22.5% market share. Overall, Xiaomi shipped more than 25 million smartphones to the overseas market in 2021. At the same time, Xiaomi's overseas internet business reached a revenue of RMB 5.0 billion (USD 749.3 million), accounting for 21.5% of total internet services revenue in 2021. In addition, as of the same year, its global monthly average internet user base is 508.9 million people, and its number of TV paid subscribers has reached 4.9 million.
Source: Xiaomi Corporation 2021 Annual Reportir.mi.com/static-files/b85f34c0-0010-4a8c-94b9-269d8cd4eca4
Xiaomi Sanctions
While at this time it appears that this company is not the subject of any U.S. or other global sanctions, it is important to note that Chinese companies tend to have more opaque organizational structures than their Western peers. Chinese companies' affiliated brands, operating units, and overseas subsidiaries are not always obvious or even identifiable. Given this, a Chinese company may not be the subject of sanctions, but one of its subsidiaries may be, thus making it difficult to accurately ascertain a company's full sanctions status.
Xiaomi Reputational Disclosures
Xiaomi Corporation was previously blacklisted by the US Department of Defense after former US President Donald Trump designated the firm, which produced Mi drones, as having military links with the ruling Chinese Communist Party. This meant that US investors would be banned from owning shares in the company, and Xiaomi would have to be delisted from US exchanges and removed from global benchmark indices. However, Xiaomi Corporation filed a lawsuit against the ban, and in March 2021, the court sided with the company, making it one of the first Chinese tech giants to scrape its name off the United States’ blacklist.
Source: South China Morning Postwww.scmp.com/tech/tech-war/article/3133386/xiaomis-rare-victory-against-us-blacklist-could-pave-way-other
The latest news on Xiaomi from across the web
R&D Cost of Camera Sensor in Xiaomi 12S Ultra Reaches $15M - Pandaily
Lei Jun, Chairman and CEO of the company, posted online on Wednesday, saying: "Xiaomi 12S Ultra uses customized Sony IMX989 camera sensor with a complete 1-inch size. This is the top of mobile phone imaging hardware at present."
The Xiaomi Mi 12S Ultra will use a huge 1-inch camera sensor co-developed with Sony
Another company tries to conquer the 1-inch mobile camera.
Xiaomi confirms that the Xiaomi 12 Ultra has been cancelled
According to Xiaomi CEO Lei Jun, he has confirmed that the company had cancelled the Xiaomi 12 Ultra smartphone in favor of the 12S.
Leica to design new Xiaomi phone after break-up with Huawei
German camera maker Leica is teaming up with Chinese smartphone maker Xiaomi after ending a seven-year partnership with Huawei, whose handset business has been hamstrung by US sanctions.
独家|滴滴为造车招兵买马，北京、深圳高级经理年薪50万元起
Didi Chuxing is going to make cars: China’s ride-hailing giant is hiring auto engineers amid media reports that car manufacturing plans will be announced in June.
Mobile phone maker Xiaomi’s plans to make cars are also in the news: The company’s automotive R&D team has grown to more than 1,000 people, and Xiaomi says it plans to begin mass-producing cars in 2024.
Xiaomi, Oppo in Talks With India Firms to Make Phones for Export
China’s smartphone makers aren’t giving up on India, with Xiaomi, Oppo, and Vivo in talks with Indian firms to produce new phones from their plants as early as this year, a confident move toward transforming the country into an electronics hub.
Chinese smartphone brands continue to dominate in India
India loves Chinese smartphones, which take up four of the top five smartphone brands, a new report by research firm Counterpoint found. Xiaomi came first with a 24% share of total shipments in the country in 2021. Samsung came second at 18%, China’s Vivo was third with 15%, followed by Chinese brands Realme and Oppo.
Xiaomi asked by India to pay up in import tax saga
India’s tax authorities have told Xiaomi to pay $88 million in import taxes, but the company — currently the leading smartphone brand in India — disputes the amount and justification for the fees, the South China Morning Post reports. Xiaomi is among the Chinese companies that have seen their apps banned by New Delhi amid the ongoing India-China border standoff.
Goldman Backs China Bulls With Its 50 ‘Common Prosperity’ Stocks
Corporate gain from “common prosperity”: Goldman Sachs has spotlighted 50 China stocks that stand to benefit from Xi’s campaign against inequality and push for a new development model. The picks of companies such as smartphone maker Xiaomi, LONGi Green Energy, and sportswear producer Li Ning reflect “themes such as manufacturing upgrading, green energy, state-owned enterprise reforms and mass consumption,” Bloomberg reports.
Xiaomi Among Goldman’s Winning Picks From Xi’s Common Prosperity
Goldman Sachs Group Inc. has spotlighted 50 China stocks that could benefit from President Xi Jinping’s “common prosperity” efforts.
Xiaomi chooses Ghana to launch first office in West Africa - MyJoyOnline.com
Xiaomi opened its regional HQ in West Africa. The Chinese mobile phone giant has a new Ghana office in Accra, its first corporate presence in West Africa.
Xiaomi censorship issue may spoil firm’s smartphone ambitions
Germany has started investigating Xiaomi’s smartphones, following Lithuania’s findings about the censorship capabilities of the firm’s devices.
Tech moguls pledge support for Xi’s prosperity drive at Internet Conference
The CEOs of Alibaba and Xiaomi showed up at the World Internet Conference to pledge support for Xi Jinping’s ‘common prosperity’ drive by helping small and medium-sized businesses.
Closing In on Samsung, Xiaomi Dethrones Apple to Become World’s No. 2 Smartphone Seller
Closing In on Samsung, Xiaomi Dethrones Apple to Become World’s No. 2 Smartphone Seller -
Founder Lei Jun says Xiaomi wants to be the world’s top smartphone maker
The ambitious target was announced just ahead of the company’s launch of its flagship Mi Mix4 smartphone.
U.S. Judge Issues Final Order Removing Xiaomi From China Military Banned List
Verdict coincides with the Biden administration’s decision last week to postpone the start date of a ban on new U.S. investments in companies allegedly linked to the Chinese military
Judge Promises Ruling This Week on Xiaomi Challenge to Trump-Era Ban
Smartphone-maker’s lawyer argues the U.S. Defense Department used flawed reasoning in determining his client had ties to the Chinese military
Xiaomi Rebuffs Rumors It Wants to Make Smart Cars
Xiaomi said it had not mounted any ‘formal project’
Apple, Xiaomi Take Bite Out of Huawei’s Withering Smartphone Share
Huawei sales tumbled 42.4% in the fourth quarter under weight of U.S. sanctions, as Apple surged 22% to retake the global crown
Xiaomi Rushes Out New Smartphone to Grab Hobbled Huawei’s Market Share
High-end Mi 11 flagship model available in January, two months ahead of schedule
Xiaomi Ramps Up R&D Hiring to Push Tech-Driven Expansion
World’s No. 3 smartphone-maker aims to recruit 5,000 developers as it looks muscle in on sanctions-hit rival Huawei
Xiaomi Shares Jump on Strong Earnings Despite China-India Tensions
During the three months through June, smartphone-maker more than doubled its net profit to $716 million
Xiaomi Co-Founder Lei Jun Donates $2.2 Billion of Shares to Charity
Xiaomi Corp. co-founder Lei Jun donated $2.2 billion of shares in the smartphone maker to charity, joining other technology company chieftains in giving to philanthropy amid increased scrutiny on the industry.
Xiaomi Remains World’s Biggest Vendor of Smart Wearable Bands in Third Quarter
Xiaomi Remains World’s Biggest Vendor of Smart Wearable Bands in Third Quarter
刘晓明Liu Xiaoming on Twitter
Embassy Spokesperson Statement: We read with heavy heart the reports about the death of 39 people in Essex, England. We are in close contact with the British police to seek clarification and confirmation of the relevant reports.— 刘晓明Liu Xiaoming (@AmbLiuXiaoMing) October 24, 2019
In Depth: A Year After It Went Public, Investors Aren’t Buying the Xiaomi Story
Former smartphone highflyer struggles with sagging sales and image as hardware-maker
For Xiaomi, Simultaneous Listings May Have Been Too Much
Smartphone-maker would have faced challenges floating shares, CDRs at the same time, exchange chief says
New Chinese chip firms have tripled in 2021 amid self-sufficiency push
The number of new company registrations in the semiconductor industry from January to May tripled in China, bolstered by generous subsidies, as Washington counters with its own policies.
Chinese lidar maker Hesai lands $300M led by Hillhouse, Xiaomi, Meituan
The rush to back lidar companies continues as more automakers and robotaxi startups include the remote sensing method in their vehicles. Latest to the investment boom is Hesai, a Shanghai-based lidar maker founded in 2014 with an office in Palo Alto. The company just raised over $300 million in a Series D funding round led […]
China’s Xiaomi Shrugs Off Covid-19 and Trump
Smartphone maker Xiaomi had a phenomenal year because, unlike its domestic rival Huawei, it wasn’t hamstrung by U.S. sanctions.
Xiaomi revenue surges 55% in Q1, fills market gap left by Huawei
SHANGHAI: Chinese smartphone maker Xiaomi Corp reported first-quarter revenue growth of 55per cent on Wednesday (May 26), above analyst ...
Shein overtakes Amazon as the most installed shopping app in US – TechCrunch
Shein‘s quiet rise has reached a crescendo as the fast fashion e-commerce app takes the crown from Amazon as the most downloaded shopping app on iOS and Android in the United States, according to data from app tracking firms App Annie and SensorTower. Its ascent is quiet because the startup, despite reportedly exceeding a $15 […]
China says Xiaomi removal from U.S. blacklist "beneficial"
HONG KONG (AP) — China’s commerce ministry on Thursday welcomed the removal of Xiaomi Corp. from a U.S. government blacklist, a day after the U.S. reversed a ban on U.S. investments in the smartphone maker that was imposed under former President Donald Trump...
India’s Covid-19 crisis spells bad news for Chinese smartphone makers
India’s Covid-19 resurgence is impacting Chinese smartphone makers that have bet big on the country, and it could lead to manufacturing shutdowns.
China orders fintech companies to stick to the rules as clampdown widens
The country's platform economy has grown rapidly and covers whole range of e-commerce activities ranging from banking to shopping and food delivery.
Huawei rival Xiaomi ramps up chip ambitions amid US pressure
Smartphone maker's investments reflect China's push to reduce foreign dependence
China smartphone maker Xiaomi to invest $10 billion in new EV unit over 10 years
Chinese smartphone maker Xiaomi Corp has formally entered the automotive industry with a new smart electric vehicle (EV) business, the company announced on Tuesday in a filing.
Exclusive: Chinese smartphone maker Xiaomi to make EVs using Great Wall's plant - sources
China's Xiaomi Corp plans to make electric vehicles (EVs) using Great Wall Motor Co Ltd's factory, said three people with direct knowledge of the matter, making it the latest tech firm to join the smart mobility race.
TikTok Owner ByteDance Hires Away Executive From Xiaomi to Be CFO
Shou Zi Chew, who ran Xiaomi’s finances until 2020, will join ByteDance in Singapore.
Move Over Huawei, Xiaomi Is China’s New Smartphone King
The swift decline in Huawei’s smartphone business has left an opening for Chinese gadget maker Xiaomi, which became the world’s No. 3 smartphone maker toward the end of last year.
Xiaomi Wins Court Ruling Blocking U.S. Restrictions on It
A federal judge in Washington blocked the Defense Department from restricting U.S. investment in the Chinese smartphone manufacturer Xiaomi Corp.
China Lays Plans to Tame Tech Giant Alibaba
The e-commerce company is likely to face softer treatment than its Ant affiliate, provided it distances itself from founder Jack Ma and aligns itself more closely with the Communist Party.
Chinese Technology Stocks Have Fallen Harder Than U.S. Peers
An index of the largest technology stocks listed in Hong Kong has dropped 26% in less than three weeks.
U.S. Blacklisted China’s Xiaomi Because of Award Given to Its Founder
The Defense Department labeled smartphone maker Xiaomi as a company that supports China’s military partly due to an award given to its founder for his service to the state, along with Xiaomi’s ambitious investment plans in advanced technologies such as 5G and artificial intelligence.
China's Xiaomi adds manufacturing muscle in India to boost phone production
China's Xiaomi Corp is enlisting more contract manufacturers to make its phones in India, adding heft in a country where it is already one of the biggest smartphone brands.
Xiaomi reportedly plotting electric car play · TechNode
The cell phone maker known as 'the Apple of China' has backed EV companies Nio and Xpeng. Its entry is expected to shake up China's car market.
China's Xiaomi files legal complaint against U.S. Defense, Treasury ban
Xiaomi Corp filed a complaint in a Washington district court on Friday against the U.S. Defense and Treasury Departments, seeking to remove the Chinese smartphone maker from an official list of companies with ties to China's military.
Trump designates Xiaomi as 'Communist Chinese military' company
After Huawei, ZTE, TikTok and WeChat, the Trump administration targets Xiaomi, one of the biggest phone makers in the world.
Xiaomi shares fall 10% as U.S. adds smartphone-maker to 'blacklist'
Xiaomi is now subject to a November executive order forcing U.S. investors to to divest holdings of any companies on the blacklist, by Nov. 11 this year.
China approves country's second personal credit agency, JD.com, Xiaomi take stakes
BEIJING: China's central bank on Friday granted approval for the set up of a personal credit agency to be jointly held by an investment arm of ...
Xiaomi shares slide 7.1% after finalising $3.9 billion in equity deal
Chinese smartphone maker Xiaomi Corp's shares fell 7.1% in Hong Kong trading on Wednesday as the company finalised a $3.91 billion capital raising that included the city's largest top up placement.
China's Xiaomi surpasses Apple as world's No. 3 smartphone maker
Asia leads rankings as US giant falls out of top trio for first time in 10 years
Huawei founder Ren Zhengfei’s wealth shrinks amid US sanctions
Huawei founder Ren Zhengfei is now worth 10 per cent less than last year, while opportunities in 5G have boosted the fortunes of other smartphone billionaires such as the founders of Xiaomi, Vivo and Oppo, according to the Hurun China Rich List.
China’s EV startup Xpeng pulls in $500 million Series C+
Xpeng, an electric vehicle startup run by former Alibaba executive He Xiaopeng, said Monday it has raised around $500 million in a Series C+ round to further develop models tailored to China’s tech-savvy middle-class consumers. The announcement followed its Series C round of $400 million closed last November. A source told TechCrunch that the company’s […]
In the wake of anti-China sentiments, Xiaomi puts ‘Made in India’ banners to cover branding at stores
Other companies are keeping a watch on the situation.
Xiaomi readies $4.3 billion in share buybacks · TechNode
Xiaomi will roll out a more aggressive share buyback initiative following an earlier plan to repurchase up to HK$12 billion worth of stock.
China’s BYD nabs $113M to produce IGBTs, the ‘CPU of electric cars’
BYD Co., the Chinese auto giant backed by Warren Buffett, is rushing to make China self-sufficient in the production of electric vehicles. On Monday, the firm said in a filing it has secured 800 million yuan ($113 million) in a Series A+ round for its chipmaking arm, BYD Semiconductor. At stake is the race to make […]
As Chinese listings 'migrate' from U.S. to Hong Kong, it could attract more than $500 billion to the city
Currently, companies listed in the U.S. can have a secondary listing on the Hong Kong Stock Exchange. But, before the latest rule change, they could not be included in the benchmark HSI.
Chinese Apple rival Xiaomi gets first-quarter sales boost as smartphone demand rebounds
The company managed to boost sales despite the impact of the coronavirus, which rattled supply chains and dampened overall smartphone demand.
Hong Kong Opens Door for Alibaba in Index Overhaul
Alibaba Group Holding and other Chinese technology companies appear set to join Hong Kong’s main stock benchmark, after the compilers of the city’s flagship Hang Seng index revamped their inclusion rules.
Chinese cloud firm gears up for $3.8 billion US listing despite coronavirus uncertainty
Kingsoft Cloud's IPO comes amid a tough stock market environment due to the coronavirus pandemic and as scrutiny of Chinese listings in the U.S. intensifies following revelations of fraud at coffee chain Luckin Coffee.
Huawei's chip unit reportedly overtakes Qualcomm as China's top semiconductor player for the first time
Since being put on the U.S. blacklist, Huawei has focused more on China and increased its smartphone market share at the expense of rivals like Xiaomi and Oppo. That has hurt Qualcomm.
Senior Xiaomi exec jokes that new phone’s camera is great for creeping on girls
Also, great for looking up basketball shorts
China's Xiaomi seeks up to $1bn with first international bond
Smartphone maker takes advantage of revived market to raise expansion funds
iPhone to your door: Chinese firms test super-fast phone delivery as coronavirus caution remains
Even though infection numbers have declined sharply from the peak in China, analysts warned that consumers are still cautious about going outside and so quick deliveries could be a way to reach them.
I bought Xiaomi's $261 electric bike from China (and brought it back to the US)
Even though electric bicycle prices in the West are dropping, with many decent e-bikes found in the sub-$1,000 range, China is still king of the inexpensive e-bikes. So I wanted to see how one of these ultra-affordable e-bikes stood up to the types of e-bikes in the US and Europe. My goal: Find one of […]
Xiaomi wants to be exempted from an e-commerce ban in India
Chinese handset makers including Xiaomi and Realme are asking the Indian government to list smartphones as an essential commodity so that they can be sold
China will ship more smart speakers in 2020 despite coronavirus disruption
Alibaba, Baidu and Xiaomi lead China’s rapidly growing smart speaker market
China's Xiaomi launches online lending service in India
Chinese smartphone maker Xiaomi Corp launched its online lending service in India on Tuesday, widening its offering of financial products in one of the world's biggest web services markets.
Xpeng brings in Xiaomi as strategic investor in $400 million Series C · TechNode
Xpeng’s hefty haul comes against a macro-industrial backdrop of falling sales after subsidies for electric vehicles were cut.
Apple should sue Xiaomi for its blatant copying — but it won’t
Xiaomi has a history of shamelessly ripping off bigger brands, and nine times out of …
Will more retail stores help Xiaomi compete with Huawei in China?
Amid the China-US tech war, Chinese smartphone makers are shifting their focus back to their home market
TikTok parent Bytedance is reportedly working on its own smartphone – TechCrunch
It’s been a busy couple of months for Bytedance, one of the world’s most valuable startups and the operator of globally popular video app TikTok. The Beijing-based company has continued to grow its list of apps to include the likes of work collaboration tool Lark, an instant messenger called Feiliao as well as a music streaming […]
Tencent’s latest investment is an app that teaches grannies in China to dance – TechCrunch
Besides churning out video games for China’s young generations, Tencent has also been attuned to the needs of silver-haired users: its latest bet is an app that teaches middle-age and elderly users, most of whom are female, how to dance. Called Tangdou, or “sugar beans” in Chinese, the app announced on Monday that it has […]
China’s Mobile-Phone Giant in Africa
Investors are about to hear much more about Shenzhen Transsion, the world’s fourth-largest cellphone maker.
China smartphone maker Xiaomi beats profit view, sees more global expansion
Chinese smartphone maker Xiaomi Corp said on Tuesday its fourth-quarter net profit more than tripled to 1.85 billion yuan ($275.59 million), on stronger revenue.
Xiaomi rival Transsion to list on Shanghai tech board · TechNode
The news comes as the Shanghai Stock Exchange began accepting IPO applications for its new tech board.
Briefing: Xiaomi-backed trading firm Tiger Brokers to raise $91 million in US IPO · TechNode
The online stock brokerage aims to expand its global market share beyond that of its rival, Tencent-backed Futu Securities, which went public on Friday.
Gunboat diplomacy can only harm Britain’s relationship with China | Liu Xiaoming
Our cooperation is like a symphony. It relies on mutual respect and trust to keep out the noises of enmity, writes Liu Xiaoming, China’s ambassador to the UK
Xiaomi to triple European store count as Chinese smartphone makers double down on Europe
China's Xiaomi, the world's fifth-largest smartphone seller, told CNBC it plans to triple its store count in Western Europe by the end of 2019.
