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Xiaomi Group spent HKD 50.798 million to repurchase 3 million shares on July 18th.
Xiaomi Corporation -W (01810) announced that on July 18, 2024, it will spend 50.798 million Hong Kong dollars to repurchase 3 million shares of stock.
Xiaomi Group-W (01810.HK) spent HK$50.798 million on buying back 3 million shares on July 18th.
On July 18th, Xiaomi Group-W (01810.HK) announced that it spent HKD 50.798 million to repurchase 3 million shares.
Express News | Xiaomi Bought Back 3 Mln B Shares for HK$50.8 Mln on July 18 - HKEX Filing
Nomura: Profits in China's internet plus-related industry better than expected, focus on ai in the second half of the year.
Shalong Shi, head of the Nomura China Internet and New Media Research Department, said that investors are relatively cautious about the mainland's internet plus-related industry, but think that the fundamentals of the industry are still healthy.
Canalys: Xiaomi (01810) returned to the top of India's smart phone market shipments in the second quarter.
According to Canalys, in the second quarter of 2024, under the influence of various factors such as the Indian election, seasonal low demand, and extreme weather in some regions, the Indian smart phone market slightly increased by 1%, with a total shipment of 36.4 million units. Under the high inventory level, some manufacturers continued to launch new models with higher prices, while other manufacturers focused on reducing existing inventory in order to optimize inventory before the festival season arrives. Xiaomi (01810) regained the top spot with a shipment volume of 6.7 million units and 18% market share after six quarters. vivo followed closely with its shipment volume.
[Special Guest] Deng Shengxing: The market anticipates the Fed to cut interest rates soon, but it will not help the rising trend of Hong Kong stocks.
King's Financial News | The Hang Seng Index closed at 17,739 on Wednesday (17th), up 11 points or 0.1%. The total turnover of the market was HKD 104.9 billion. The national index fell 0.3% to 6,297; the technology index rose 0.5% to 3,640. Blue-chip stocks developed individually, with Tencent (00700) falling 1.6%; ICBC (01398) dropping 0.2%; CBC (00939) falling 0.2%; international oil prices fell for the third consecutive day, and CNOOC (00883) dropped by 5.2%; PetroChina (00857) dropped by 5.8%; The Dow Jones closed at 41,198 on Wednesday (17th), up 243 points or 0.5%.
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