Xiaomi shares fall as company denies electric vehicle rumours By Investing.com
By Samuel Indyk Investing.com – Shares in consumer electronics company Xiaomi Corp (HK:1810) fell on Monday in Hong Kong after the company denied rumours they were close to entering the electric vehicle market. “The Group noticed certain media articles regarding the Group’s potential plans to enter into the electric vehicle manufacturing business,” Xiaomi said in a statement to the Hing Kong...
Continue reading