A bigger piece of news after the close was that the Ministry of Industry and Information Technology (MIIT) held a symposium on competition in the solar industry, highlighting efforts to standardize competition and promote the orderly exit of outdated production capacity.

There will be an extra member in its flagship family. Up until now Xiaomi's flagship line comprised three devices - the vanilla, the Pro, and the

A rise in shipments of smartphones, especially in Southeast Asia, helped to boost Xiaomi's second-quarter revenue by 30.5%, the smartphone and EV company said on Tuesday, against the backdrop of a sluggish global market.

Qiming Venture Partners is slashing its new fund targeting Chinese AI and healthcare startups by a quarter to $600 million, in a sign of lingering caution among global investors about the country’s tech scene.

The Redmi Note 15 Pro series launches August 21 with an IP69K rating, Snapdragon 7s Gen 4, 50MP cameras, and a 7,000mAh battery.

Investors anxiously await an earnings report from Xiaomi Corp., following a rally that has driven its market value up $120 billion in the past year on excitement over its push into electric vehicles.

Xiaomi Corporation on Tuesday posted much stronger-than-expected profit for the second quarter as margin of its emerging electric vehicle (EV) business offset weakening smartphone unit. Credit：Xiaomi Auto Xiaomi shattered quarterly records of both the top and bottom line.

Xiaomi’s automotive push has been fueled by strong momentum at its home market. In the second quarter of 2025 alone, it delivered 81,302 vehicles, H1 total to 157,000. With production of the YU7 accelerating, deliveries are expected to increase, although some customers are already facing waits of more than a year.