$XIAOMI-W(01810.HK) increased holdings by 2,000 shares today.
The mainland mobile phone subsidy will start from January 20, providing a 15% subsidy for mobile phones, tablets, and smartwatches priced below 6,000 RMB, with a cap of 500 RMB. Consumers can receive the national mobile phone subsidy in addition to other discounts.
The mainland mobile phone subsidy may trigger replacements of mid-to-low-end Android phones, and within its coverage, Xiaomi Corporation-W(01810) may benefit.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.