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Xiaomi’s stock jumps 16% after launch of electric car

By Inquirer - 8 months ago
HONG KONG — Shares of China’s Xiaomi surged as much as 16-percent on Tuesday after the maker of smartphones and other consumer electronics last week launched a sporty electric vehicle whose design has been likened to Porsche’s Taycan and Panamera sports car models. Xiaomi shares touched their highest since January 2022 on the first day

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