On the hong kong stock exchange, the first day of trading after the chinese new year (cny) holidays in hong kong, chinese tech giant xiaomi (trading as xiaomi corp) saw a dramatic rise in price on the hong kong stock exchange (hkex) on the first day of trading on the hong kong stock exchange (hkex) saw a historic rise in share value on the hong kong stock exchange (hkex).
For the first time at one point, xiaomi's value increased to over 1 trillion hkd (128.41 billion usd) per share, the highest it's ever been.
According to idc results, the day before, xiaomi's main market, such as smartphones and et, was at its best point on january 24th and in january 2021. despite the tariffs levied from the us and china's retaliatory steps, the of hong kong soared on monday morning, despite the fact that xiaomi outperforms growth against declines in market share from both apple and samsung.
The result of deepseek's disruptive growth right before cny is no doubt the result of the company's fundamental recovery, as well as semiconductor and cryptocurrency concept stocks, which are also led by ai and other tech-related stocks (up 5% on monday).
Xiaomi's strong results, as well as the market's support in the chinese tech sector, in combination with the recent rise of gold-related stocks and the anticipation of future trade talks between the us and china, likely contributed to the unexpected rise of gold-related stocks and the excitement surrounding future trade talks between the us and china.
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