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XIAOMI-W President: Mi Phone Sales Recently 4x of That Before CN Subsidy; Store Visitations Up 55%
XIAOMI-W (01810.HK) President Lu Weibing indicated that the recent national policy of subsidizing electronic consumption in Mainland China has captured immense attention, as the da...
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XIAOMI-W President: Mi Phone Sales Recently 4x of That Before CN Subsidy; Store Visitations Up 55%
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XIAOMI-W (01810.HK)  -0.350 (-0.914%)    Short selling $1.52B; Ratio 27.748%   President Lu Weibing indicated that the recent national policy of subsidizing electronic consumption in Mainland China has captured immense attention, as the daily sales volume of Xiaomi's smartphones in the past few days has reached four times of what it was before the national subsidy, with the number of people visiting the stores also spiking 55%.

The group will continue to support the national subsidy policy, so that customers can bring home their favorite hit technology products at a favorable price this Lunar New Year, said Lu.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-02-03 16:25.)

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