1810.HK - Xiaomi Corporation

HKSE - HKSE Delayed Price. Currency in HKD
11.700
-0.120 (-1.02%)
At close: 4:08PM HKT
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Previous Close11.820
Open11.860
Bid11.680 x 0
Ask11.700 x 0
Day's Range11.620 - 11.940
52 Week Range9.440 - 22.200
Volume48,797,058
Avg. Volume83,702,739
Market Cap280.455B
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est17.65
  • Reuters4 days ago

    China selfie app firm Meitu forays into skincare to counter drop in users

    Meitu Inc, the Chinese firm best known for its selfie image-enhancing app, said on Wednesday it is venturing into the offline skincare market as it attempts to offset the impact of dwindling app users and a money-losing smartphone business. Meitu, which listed in late 2016 in what was then Hong Kong's largest tech IPO in a decade, has since suffered losses and its share price has more than halved, as China's smartphone market has run out of steam, shrinking nearly 16 percent in 2018. Meitu said on Wednesday it will launch a face-cleansing brush that can automatically identify the best pulsing setting for a user by detecting his or her individual skin condition.

  • Financial Times6 days ago

    US and China tech giants look increasingly similar

    Xiaomi, the Chinese group that started out making cheap smartphones and branched into internet services including entertainment and finance. Facebook’s move to integrate its messaging app WhatsApp and social media Instagram also carries more than a whiff of the Shenzhen-based tech giant’s modus operandi.

  • Financial Times9 days ago

    Apple supplier Japan Display agrees to $715m rescue deal

    Under Friday’s agreement, Japan Display will issue ¥42bn ($375m) in new shares and ¥38bn in convertible bonds to a consortium, which includes Taiwanese touch panel maker TPK Holding and Chinese investment group Harvest. With $2bn of backing from state-backed INCJ, Japan Display was created seven years ago by merging the display units of Sony, Toshiba and Hitachi.

  • Reuters17 days ago

    BRIEF-Kingsoft Corp Says Unit Entered Into Framework Agreement With Xiaomi

    April 4 (Reuters) - Kingsoft Corp Ltd: * KINGSOFT CLOUD ENTERED INTO FRAMEWORK AGREEMENT WITH XIAOMI * GROUP WILL PROVIDE HARDWARE PRODUCTS TO XIAOMI GROUP FROM 4 APRIL 2019 TO 31 DECEMBER 2019 Source ...

  • Reuters17 days ago

    BRIEF-Line Friends To Expand Its Business In China Through Strategic Partnership With Xiaomi

    April 4 (Reuters) - Xiaomi Corp: * LINE FRIENDS TO EXPAND ITS BUSINESS IN CHINA THROUGH STRATEGIC PARTNERSHIP WITH XIAOMI Source text for Eikon: Further company coverage:

  • Reuters24 days ago

    As IPO flood recedes, Asia bankers bet on follow-on capital raising

    Bankers in Asia are betting on newly-listed companies returning to the markets for fresh capital as last year's flood of initial public offerings (IPOs) slows to a trickle, with 2019 seeing the weakest start in equity sales in three years. Equity sales in the region, including IPOs, convertible bonds and follow-on sales, fell 41 percent to $49.1 billion (£37.6 billion) in the first quarter, Refinitiv data show, the slowest since 2016. Fees from equity capital market (ECM) deals have reached $966 million so far, bankers' worst quarterly haul in six years.

  • Xiaomi teases another look at its foldable phone
    TechCrunch24 days ago

    Xiaomi teases another look at its foldable phone

    Xiaomi is back with another teaser of the foldable concept device it first showed off in January. This time around, in a video posted to its Weibo account, the Chinese company showed off the device working in tablet mode and, after folding, regular phone mode to illustrate how seamlessly it can be tucked up and put away... in this case atop of a cup of noodles. Xiaomi has said it is developing a device -- the previous video included a call-out for ideas and feedback -- so the project isn't likely as advanced as soon-to-launch products from Samsung, Huawei or lesser known Chinese brand Royole.

  • China tech firms, seeking passion and energy, promote younger staff
    Reuters27 days ago

    China tech firms, seeking passion and energy, promote younger staff

    The companies deny that the moves, which are worrying some older employees, reflect any discrimination based on age. Explicit age discrimination is illegal in many countries, though not in China. Chinese tech companies are known to prefer young workers, in part because of demands such as the so-called "996" schedule that asks employees to work 9 a.m. to 9 p.m., six days a week.

  • Reuterslast month

    Chinese smartphone firms jazz up products, seize turf in home market from Apple

    Smartphone retailers in China say it's a tough sell of late with consumers reluctant to upgrade, put off by chill economic winds. "Of those people who are upgrading, there are many switching from Apple to Chinese brands but very few switching from Chinese brands to Apple," said Jiang Ning, who manages a Xiaomi store in the northern province of Shandong. Huawei Technologies Co Ltd, Xiaomi Corp, Oppo and Vivo once sought to grab share in the world's biggest smartphone market with value-for-money devices, but consumer demand for better phones has prompted strategic rethinks.

  • Thomson Reuters StreetEventslast month

    Edited Transcript of 1810.HK earnings conference call or presentation 19-Mar-19 12:00pm GMT

    Full Year 2018 Xiaomi Corp Earnings Call

  • Reuterslast month

    China smartphone maker Xiaomi beats profit view, sees more global expansion

    Chinese smartphone maker Xiaomi Corp said on Tuesday its fourth-quarter net profit more than tripled to 1.85 billion yuan ($275.59 million), on stronger revenue. Revenue for the period increased 27 percent to 44.4 billion yuan, lower than the 47.4 billion yuan average estimate of 13 analysts, according to Refinitiv data. The results show Xiaomi is weathering fairly well a slowing Chinese smartphone market, the world's biggest, by increasing its focus on markets such as India and Europe.

  • Xiaomi shares plunge despite the Chinese tech giant's earnings beat
    CNBClast month

    Xiaomi shares plunge despite the Chinese tech giant's earnings beat

    Xiaomi's stock price has languished below its initial public offering price for most days since its public debut last July.

  • Reuterslast month

    Xiaomi weathers China smartphone slowdown but growth worries hit shares

    Chinese smartphone maker Xiaomi Corp beat quarterly profit estimates as it dominated the fast-growing Indian market and sold more expensive handsets in Western Europe, but shares slid as revenue fell short of expectations. Xiaomi's quarterly results - the third set since its IPO in Hong Kong - show the company is weathering fairly well a slowdown in demand in China by increasing its focus on international markets. Xiaomi is cutting its dependence on China, where the economy in 2018 expanded the least in nearly three decades.

  • Xiaomi Should Stop the Spin and Show Off These Numbers
    Bloomberglast month

    Xiaomi Should Stop the Spin and Show Off These Numbers

    (Bloomberg Opinion) -- Talk about spin!

  • The Wall Street Journallast month

    [$$] Xiaomi Swings to Profit in 2018

    Marking its third consecutive quarter of growth, Xiaomi posted a profit of 3.39 billion yuan for the three months ended in December, versus a loss of 13.06 billion yuan a year earlier. Revenue from smartphones, which accounted for 65% of the company’s total revenue in 2018, rose 41% to 113.8 billion yuan last year, compared with 80.56 billion yuan in 2017. Smartphones costing 2,000 yuan or more accounted for 32% of the company’s total revenue from the segment in the fourth quarter, it said.

  • Xiaomi Q4 sees strong growth in overseas shipment and internet services
    TechCrunchlast month

    Xiaomi Q4 sees strong growth in overseas shipment and internet services

    Xiaomi, the Chinese company known for its cheap handsets and a vision to drive revenues by selling internet services, has come in ahead of analysts' estimates in its fourth-quarter profit although revenues missed expectations. The Hong Kong-listed company more than tripled its net profit to 1.85 billion yuan ($276 million), exceeding the 1.7 billion yuan average estimate, Reuters reported citing Refinitiv data. Xiaomi singled out overseas markets in its latest earnings report as the segment grew 118.1 percent to make up 40 percent of its total revenue in the fourth quarter, compared with just 28 percent for the year-earlier period.

  • PR Newswirelast month

    Xiaomi Achieves Strong Growth Across All Business Segments in FY2018

    Stock Code: 1810), an internet company with smartphones and smart hardware connected by an Internet of Things ("IoT") platform at its core, today announced its audited consolidated results for the year ended December 31, 2018 ("FY2018"). The Group recorded a strong revenue of approximately RMB174.9 billion, representing a year-on-year increase of 52.6%, among which international revenue grew 118.1% year-on-year to RMB 70.0 billion, accounting for 40% of its total revenue. Xiaomi Founder, Chairman and CEO Mr. Lei Jun, said: "In 2018, Xiaomi continued to shine - even in the face of fierce competition from domestic and international peers - thanks to our unique and powerful "triathlon" business model.

  • Xiaomi outs Redmi Go, a $65 entry-level smartphone for India
    TechCrunchlast month

    Xiaomi outs Redmi Go, a $65 entry-level smartphone for India

    Chinese smartphone maker Xiaomi has announced a new entry level smartphone at an event in Delhi. The entry-level smartphone is targeted at the Indian market and looks intended to woo feature phone owners to upgrade from a more basic mobile. It runs Google's flavor of Android (aka Android Go) which is optimized for low-powered smartphones and supports lightweight versions of apps.

  • Reuterslast month

    Xiaomi beats profit view, sees more global expansion

    Chinese smartphone maker Xiaomi Corp said on Tuesday its fourth-quarter net profit more than tripled to 1.85 billion yuan ($275.59 million), on stronger revenue. Revenue for the period increased 27 percent to 44.4 billion yuan, lower than the 47.4 billion yuan average estimate of 13 analysts, according to Refinitiv data. The results show Xiaomi is weathering fairly well a slowing Chinese smartphone market, the world's biggest, by increasing its focus on markets such as India and Europe.

  • Reuterslast month

    BRIEF-Xiaomi Corp Posts Q4 Profit For Period Of Rmb3,392.0 Mln

    March 19 (Reuters) - Xiaomi Corp: * Q4 REVENUE RMB44,421.4 MILLION VERSUS RMB35,114.1 MILLION * Q4 PROFIT FOR PERIOD RMB3,392.0 MILLION VERSUS LOSS OF RMB 13,062.8 MILLION * Q4 OPERATING PROFIT RMB3,213.3 ...