[ad_1] Xiaomi Corp. raised about $5.5 billion in an upsized share sale, as the Chinese tech firm capitalizes on a surge in its stock price to help raise funds to expand its electric-vehicle business. The offering, which comes weeks after EV giant BYD Co.’s $5.6 billion fundraising, builds on what’s shaping up to be a […]
A smartphone manufacturer has outperformed auto companies and is on the verge of a record high – CNBC TV18
[ad_1] Xiaomi Corp. is rapidly closing in on a new all-time-high share price, having cracked the crowded market for electric vehicles in a repeat of its earlier success with smartphones. Company Value Change %Change Its stock has slightly more than doubled this year, outpacing global peers, on the company’s surprisingly quick rise in China’s EV […]