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Xiaomi Corporation (XIACY)

Other OTC - Other OTC Delayed Price. Currency in USD
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7.100.00 (0.00%)
At close: 03:45PM EDT
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Trade prices are not sourced from all markets
Previous close7.10
BidN/A x N/A
AskN/A x N/A
Day's range7.05 - 7.19
52-week range6.41 - 18.50
Avg. volume40,507
Market cap35.369B
Beta (5Y monthly)1.50
PE ratio (TTM)12.68
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Reuters

    Treat Chinese firms fairly, Beijing tells India after Xiaomi's threat claim

    BEIJING/NEW DELHI (Reuters) -China on Monday urged India to ensure Chinese companies operating in India are not discriminated against, after Xiaomi Corp said its executives there had faced threats of violence during questioning over alleged illegal remittances. Reuters reported on Saturday that Xiaomi, the biggest smartphone seller in India, had outlined the alleged threats of physical violence and coercion from officials of India's Enforcement Directorate - which tackles financial crime - in a filing to an Indian court.

  • Financial Times

    China’s Xiaomi shares dip after Indian authorities seize almost $730mn

    Xiaomi’s shares have fallen sharply in Hong Kong after Indian authorities accused the world’s second-largest smartphone vendor of making “illegal remittances” and seized about $730mn in New Delhi’s latest move against a Chinese-owned company. India’s Enforcement Directorate, its anti-money laundering and foreign exchange crime division, alleged that Xiaomi’s Indian subsidiary had sent Rs55.51bn ($725mn) of foreign currency out of the country in violation of India’s strict foreign exchange laws. Xiaomi’s Hong Kong listed shares dropped as much as 6 per cent to HK$11.46 (US$1.46) before paring the losses on Tuesday morning, the market’s first day of trading since India announced the case on Friday evening.

  • Reuters

    India seizes $725 million of Xiaomi assets over illegal remittances

    NEW DELHI (Reuters) -India said on Saturday it had seized $725 million from the local bank accounts of China's Xiaomi Corp after a probe found the smartphone maker had made illegal remittances to foreign entities by passing them off as royalty payments. The Enforcement Directorate had been investigating the Chinese company's business practices over suspected violations of Indian foreign exchange laws. The financial crime fighting agency said on Saturday it had seized the bank account assets from Xiaomi Technology India Private Limited after finding the firm had remitted the foreign currency equivalent of 55.5 billion rupees to three foreign-based entities, including one Xiaomi group entity, "in the guise of royalty" payments.