Hong Kong stocks movement | XIAOMI-W (01810) dropped more than 20% in late trading. Daiwa stated that Xiaomi's stock price is weak after the accident and the placement of shares, but the company's fundamentals remain strong.
XIAOMI-W (01810) fell over 20% in the afternoon session, having declined nearly 40% from its March high of 59.45 Hong Kong dollars. As of the time of this report, it has dropped 20.81%, trading at 36.35 Hong Kong dollars with a turnover of 39.554 billion Hong Kong dollars.
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