Xiaomi stock at risk as phone market share slips while Samsung, Apple gain ground

Xiaomi shares fell for a second straight day after a report said the company is losing smartphone market share. The stock dropped to H$25.82 in Hong Kong versus this month’s high of H$26.70, signaling cautious investor sentiment ahead of potential competitive pressure.

Analysis

Xiaomi shares fell for a second straight day after a report said the company is losing smartphone market share. The stock dropped to H$25.82 in Hong Kong versus this month’s high of H$26.70, signaling cautious investor sentiment ahead of potential competitive pressure.