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Shares of China's Xiaomi set to rise 2.3% after reporting record profit

Visitors walk past a Xiaomi logo at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China (REUTERS)
28 May 2025 14:13

HONG KONG (REUTERS) 

Shares of China's Xiaomi (1810.HK) were set to rise 2.3% on Wednesday after it reported a record first-quarter revenue and profit and said its shift towards higher-end products from smartphones to home appliances was already paying off.

The Hong Kong-listed shares of the world's third-largest smartphone maker, whose product lines also extend to cars, were set to open at HK$52.75.

Source: REUTERS
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