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Xiaomi's market value tops $100 billion, reaching 2018 IPO goal

Xiaomi in November reported its fastest quarterly sales growth in two years, while earnings beat analysts' estimates

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The firm’s stock rallied as much as 9.1% Wednesday to a fresh record in Hong Kong, making it the 13th stock in the city’s benchmark Hang Seng Index to have a market capitalization above $100 billion

Bloomberg

2 min read Last Updated : Dec 24 2020 | 1:01 AM IST

Xiaomi Corp. founder Lei Jun can finally rejoice after the Chinese smartphone maker’s market value swelled past the $100 billion mark, a figure his company fell far short of when it listed two years ago.

Xiaomi, which generates the majority of sales from its

Topics : Xiaomi Chinese smartphones chinese companies

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