Shares of China's Xiaomi surge after launch of electric vehicle YU7
ReutersJun 27, 2025 1:36 AM
SHANGHAI, June 27 (Reuters) - Hong Kong-listed shares of Xiaomi 1810.HK opened up 8% on Friday, after the launch of a new electric car model.
The shares were up roughly 5% in early trading, after the Chinese EV and smartphone maker on Thursday priced its new electric YU7 SUV from 253,500 yuan ($35,364), almost 4% below Tesla's TSLA.O Model Y.
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