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Xiaomi share price analysis as smartphone sales severely lag Samsung, Apple

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Xiaomi share price analysis as smartphone sales severely lag Samsung, Apple

Xiaomi shares recovered from HKD 25.32 (Aug 18) to HKD 28.45, a ~12% rebound, after the company released financial results. However, the results still showed lingering weakness in the business, tempering the positive price reaction.

Analysis

Xiaomi shares recovered from HKD 25.32 (Aug 18) to HKD 28.45, a ~12% rebound, after the company released financial results. However, the results still showed lingering weakness in the business, tempering the positive price reaction.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.10

Ticker Sentiment

XIACY-0.20

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