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XIAOMI-W Leaps 6%+ to Hit Record High as CN to Offer New Subsidies for Handsets & Other Digital Products
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XIAOMI-W (01810.HK) opened 1.32% higher today and once reached a record high of $36.25. It last printed at $36.05, up 6.03%, on a volume of 174 million shares, involving $6.16 billion.

Other handset-related stocks also performed positively. BYD ELECTRONIC (00285.HK) opened 0.12% lower today, bottoming at $39.6. It was last at $41.85, up 4.49%, on a volume of 7.352 million shares, involving $305 million.

Related NewsG Sachs Adds AAC TECH (02018.HK) TP to $48 as Faster Handset Lens Shipments, Acoustics Expansion in Auto Mkt To Bring Growth
AAC TECH (02018.HK) opened 0.14% higher today, peaking at $38.15. It was last at $38, up 4.83%, on a volume of 1.6319 million shares, involving $60.8058 million.

SUNNY OPTICAL (02382.HK) opened flat today, peaking at $67.95. It was last at $67.95, up 3.19%, on a volume of 5.526 million shares, involving $368 million.

Q TECH (01478.HK) opened 0.16% higher today, peaking at $6.74. It was last at $6.64, up 3.91%, on a volume of 3.498 million shares, involving $23.1421 million.

Related NewsM Stanley: CN Extension of Consumption Subsidy To Be ST Catalyst for Smartphone-related Stocks
LENOVO GROUP (00992.HK) opened 0.92% higher today, peaking at $10.08. It was last at $9.99, up 2.04%, on a volume of 20.9957 million shares, involving $209 million.

The person in charge of the National Development and Reform Commission (NDRC) said at the conference that China should make more efforts to expand the implementation and scope of the “Two New” policies in 2025, while supporting the “Two Key” projects. The scope of support for equipment renewal will be broadened to electronic information, safety production and facilities agriculture and other fields.
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