Understanding the Market | Xiaomi Corporation-W rose over 4% as the Xiaomi 17 series launches tonight with the fifth-generation Snapdragon 8 Supreme Edition
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Xiaomi Corporation-W's stock price rose by more than 4%, with an increase of 4.22% as of the time of publication, reported at HKD 59.3, with a transaction volume of HKD 11.154 billion. Qualcomm released the fifth-generation Snapdragon 8 Supreme mobile platform, and the Xiaomi 17 series will be the first globally to feature this platform, officially launching tonight at 7 PM. Xiaomi plans to achieve a revenue target of RMB 700 billion in the next three years, increase annual smartphone shipments to 200 million units, double its Internet of Things (IoT) revenue to RMB 200 billion, and reach annual electric vehicle deliveries of 1 million units
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