Xiaomi: what success! – financial trends

Sure, Xiaomi’s stock also suffered from corona panic on the stock exchange last week. The Chinese smartphone manufacturer’s paper fell by more than 20 percent between Monday and Thursday before recovering significantly on Friday. But the eight percent markup to EUR 1.26 before the weekend was not the only success for Xiaomi in the past few days. There were two more of them.

New smartphones and own online shop

On the one hand, Xiaomi presented two new Redmi smartphones as expected on Thursday, which according to the specialist portal Giga will be launched as Redmi Note 9 Pro and Redmi Note 9 Pro Max. The technical equipment convinces at the prices mentioned between 156 euros and 228 euros, according to the praising judgment of the experts. Another step by the Chinese is without doubt even more important from a German perspective: Xiaomi opened its online shop for the German market on Friday. “Simultaneously with the market launch of Samsung’s Galaxy S20 series, the manufacturer is opening the gates of its digital store. Coincidence? ”The colleagues at t3n ask. At the start of its own online business, Xiaomi is now advertising with a discount of 20 euros per voucher code.

Only started in August 2019

Xiaomi has only been officially active in Germany since August 2019 and has so far sold its products exclusively through online shops such as Amazon. Nevertheless, according to the Canalys report, the Chinese provider has already become number one in the field of fitness wristbands with the Wearable Mi Band 4 in the third quarter of 2019. And it should get even better: In addition to its own online shop, Xiaomi’s first Mi-Store will open in Düsseldorf in June this year. It shouldn’t be the only one. However, what could stop the aspiring company’s plans would be corona virus restrictions.

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Should Investors Sell Immediately? Or is it worth getting started with Xiaomi?

How will the share develop now? Is your money safe in this stock? The answers to these questions and why you have to act now can be found in the current Xiaomi share analysis.

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