Dow Jones Newswires: Xiaomi Shares Rise After EV Plans Leak


Xiaomi Corp. shares climbed in Hong Kong following the circulation of designs for what could become the company’s first electric car, something analysts say looks like a risky but potentially lucrative endeavor.

Shares of the Chinese tech company HK:1810 XIACY, trading Thursday for the first time this week following the Lunar New Year holiday, climbed as high as HK$13.32, their highest level since late July 2022. The stock is on track for its best close in nearly seven months and was last up 11% at HK$13.22.


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