Xiaomi hosted its flagship product launch event on 25 Sep, debuting Xiaomi 17flagship phones, Pad 8 series tablets, premium smart home products and newcustomization service for YU7/SU7 Ultra EVs. In particular, we view Xiaomi 17'sRMB4,499 starting price as competitive against iPhone 17 (RMB5,999), as it ispositioned as the best compact flagship in China with features such as 7000mAhbattery (vs prior 5400mAh) and Leica Summilux tri-camera. 17 Pro/Max's startingprices of RMB4,999/5,999 are lower than 15 Pro/P ...

Xiaomi 17 phones Xiaomi Corp.’s billionaire co-founder unveiled a $630 smartphone designed to take on the just-released iPhone 17, underscoring the Chinese company’s broader ambitions to take on US rivals from Apple Inc. to Tesla Inc. Most Read from Bloomberg The Xiaomi 17, which will be offered in Pro and Pro Max models just like Apple’s marquee series, starts at 4,499 yuan ($631.20) for the most basic model, rising to 5,999 yuan at the top end, co-founder and Chief Executive Officer Lei Jun said via a ...

Chinese tech stocks extended their rally Thursday, fueled by persistent investor enthusiasm for the country’s artificial intelligence developers. The Hang Seng Tech Index climbed 0.9%, led by gains in JD.com Inc., the e-commerce giant with ambitious AI plans, and smartphone maker Xiaomi Corp. The index, which tracks Chinese technology companies listed in Hong Kong, is now set for its eighth consecutive weekly advance, the longest winning streak since its inception. Most Read from Bloomberg Chinese tec ...