China's Xiaomi climbs ahead of new products launch on Sept 7

Weibo

02/09/2026 07:52

** Shares of Chinese conglomerate Xiaomi 1810.HK climb 2.1% to HK$28.14, on track for the biggest one-day pct gain since August 26
** Stock of the smartphone-to-electric vehicle maker touches the highest level since August 28, on course to snap two declining sessions
** Second biggest pct gainer in Hang Seng TECH Index .HSTECH, which slips 1%
** Xiaomi's chairman Lei Jun said in Weibo that the company will officially launch its new SUV models N70 Pro, N70 Max, and N90 Max in its product launch event at 7 pm on September 7 
** Two new products, Xiaomi 18 Fold foldable smartphone and Xiaomi Pad 9 Pro Max, will also be unveiled at the event 
** YTD, stock down 28.9%, benchmark Hang Seng Index .HSI down 1.5%
     
     
     

(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))