The financial results of smartphone manufacturers are no less interesting topic than the final products themselves. Shares of a Chinese company Xiaomi in addition, they are the highest so far this year.
This is good news for a really wide range of investors who have decided to invest their funds in shares of this Chinese manufacturer.
Xiaomi's shares are rising
The value of the shares of a popular Chinese company Xiaomi combined with the controversial IPO and a slight decline during the year. Currently, however, the value of these shares is starting up again and will soon attack the value 9%. This is the highest value of shares during this year 2020, which was and is also affected by the extraordinary crisis.
Chinese Xiaomi records sales growth as the sole producer mobile phones, despite the extraordinary crisis caused by the spreading coronavirus. Despite such difficult factors, the value of the company's shares can continue to grow.
The manufacturer supported these factors by constantly expanding its products practically all over the world, which resulted in a historic high within this year's stock value. Company stock value Xiaomi Corp. has currently shifted to approximately 16,10 HKD (Hong Kong Dollar), which is about 1,8 € / 2 USD.
Investors have reason to rejoice
As you can see in the chart below, the company Xiaomi is recovering from the stock market crash that has plagued virtually all brands since the outbreak of Covid-19. If the selected experts predicted that during these months after a slightly subdued pandemic, the value of the shares would rise around the value of 14 HKD, the reality is different.
The value of one share increased even more than expected and reached a new peak, namely at 8,93%. This is undoubtedly very good news for all investors, especially those who have decided to support the company at the lowest point during the ongoing pandemic.
Xiaomi undoubtedly seems to be in very good financial health. The manufacturer increases its value and satisfies its investors. We are curious how Xiaomi will be doing in the coming period. Follow the Xiaomi Planet portal to learn more.