Latest News for XIACF

A Chinese blogger has been given 20 months in prison for fabricating negative claims about the safety of Xiaomi's SU7 electric sedan, state media reported on Friday.

Xiaomi stock retreated for two consecutive days after a report confirmed that the company was losing market share in the smartphone industry. It slipped to H$25.82 in Hong Kong, a few points below this month's high of H$26.70.

China's Xiaomi on Thursday unveiled an SUV series named Sky Nomad, accelerating the technology company's push into automobiles as growth slows in its mainstay smartphone market.

Xiaomi maintained deliveries above 30,000 units for a third straight month. BYD's June sales volume rose 5.46% from a year earlier.

Alibaba Group Holding (BABA) fell to a 16-month low in Hong Kong on Thursday after Anthropic accused the Chinese company of improperly accessing its Claude AI m
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