Key facts: Xiaomi stock falls 3.6% amid US-China tensions; EVs impact Porsche sales
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Xiaomi's stock price decreased by 3.6% to HK$47.70 during a volatile trading session in Hong Kong, influenced by renewed geopolitical tensions between the US and China.1Xiaomi's electric vehicles are gaining popularity in China, leading to a 26% drop in Porsche sales during the first three quarters of 2025 compared to 2024.2
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