Xiaomi Corporation (XIACY)

China's Xiaomi Corp said on Tuesday it is looking to raise an aggregate of HK$42.6 billion ($5.48 billion) via a placement in a bid to accelerate business expansion.

Xiaomi Corp. is poised to inject a substantial $5.5 billion into its ambitious electric vehicle (EV) program through an upsized share sale, sources familiar with the matter have revealed to Bloomberg.

Xiaomi has commenced a share sale to raise as much as $5.3 billion. The Beijing-based technology company is offering 750 million Class B shares priced between HK$52.80 and HK$54.60 each.

China's Xiaomi Corp is raising up to $5.27 billion in a top-up placement, according to a term sheet seen by Reuters.

Xiaomi's 4Q24 results exceeded expectations, driven by strong performance in smartphones, IoT, and EVs, solidifying its competitive moat and ecosystem. Despite positive fundamentals, Xiaomi's 70% YTD ...

Xiaomi Corporation (OTCPK:XIACF) Q4 2024 Earnings Conference Call March 18, 2025 8:30 AM ET Company Participants Anita Chan - Head, Investor Relations and Corporate Finance Lu Weibing - President Alai...

Chinese consumer tech giant Xiaomi on Tuesday announced a surge in annual revenue, propelled by strong smartphone sales alongside a continued push into the electric vehicle sector.

China's Xiaomi reported a 48.8% rise in fourth-quarter revenue on Tuesday, boosted by strong electric vehicle and smartphone sales.

China's Xiaomi raised its full-year target for electric vehicle deliveries to 350,000, founder Lei Jun said on Tuesday in a Weibo post, up from 300,000 EVs for 2025 set earlier this year.