Last year, 2019, was marked by a large decline in the value of shares of a Chinese company Xiaomi. However, the steadily declining trend has stopped in recent months of the year.
Not only that, the situation has unexpectedly turned in the opposite and positive direction with the advent of new generations of smartphones as well as plans or concepts already for 2020.
Shares have taken a really upward trend
The increase in shares was definitely benefited by the presentation of a new available, but very well-equipped 5G smartphone with the label Redmi K30 5G. Considering that 5G technology is a hot topic among manufacturers, an affordable smartphone, but also other bold concepts of the company, such as the model I MIX Alpha, they can only help the overall situation.
Looking back, it was December 11, 2019, when we noticed that Xiaomi's shares had risen by almost 10% to HKD 9,99. This is a very good value that exceeded expectations.
In addition, it has now risen to 13,24 HKD. Therefore, the company is still recording market success these days. At the time of writing and the opening of the Hong Kong stock market, Xiaomi shares saw an increase in shares of at least 8,35%.
Undoubtedly, this is very good news, which shows a huge income and interest in Xiaomi. However, thanks to the successful increase in shares, there is also room for a positive situation towards the future.
With new devices that will be even more advanced compared to the ones we saw in 2019.
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