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Stock Rises 1.2% in Hong Kong","url":"https://stock-news.laohu8.com/highlight/detail?id=2662505020","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2662505020?lang=en_us&edition=fundamental","pubTime":"2026-08-28 16:33","pubTimestamp":1787905980,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Shares of Xiaomi Corp. rose 1.2% to 27.82 Hong Kong dollars on what proved to be an all-around favorable trading session for the Hong Kong stock market, with the Hang Seng Index rising 0.1% to 25584.79.Xiaomi Corp. closed 54% below its 52-week high of HK$59.90, which the company achieved Sept. 25.Trading volume totaled 85.3 million shares, compared to the 50-day average of 203.0 million shares.Data source: Dow Jones Market Data, 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Despite a double-digit drop in 2Q smartphones sold to consumers compared with the previous year, shipment to retailers only fell 1%, Counterpoint data shows. This is because phone makers had built up inventory in anticipation of further memory-price hikes, it says. Huawei maintained its leadership in China, with a 23% market share, while Apple ranked second, with 18% of the market. Xiaomi, whose 2Q shipments dropped 21% on year, took the biggest hit, mainly due to its heavy reliance on low-end models, the research firm says. To cope with higher costs, smartphone makers could raise prices further in the coming months, which would put pressure on their shipments, it 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Equities Traded in the US as American Depositary Receipts Head Slightly Lower in Thursday Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=2662086012","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2662086012?lang=en_us&edition=fundamental","pubTime":"2026-08-27 22:53","pubTimestamp":1787842420,"startTime":"0","endTime":"0","summary":"Asian equities traded in the US as American depositary receipts were tracking lower Thursday morning, declining 0.15% to 2,992.57 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by brand platform Baozun  and lender CNFinance , which climbed 8.2% and 6.1% respectively. 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