loganspace.com
[NEWS] China's Xiaomi plans $1.5 billion buyback to arrest stock tumble - Loganspace AI
SHANGHAI (Reuters) - Chinese smartphone maker Xiaomi Corp (1810.HK) announced a HK$12 billion ($1.53 billion) share buyback plan on Tuesday, in a reversal of its cash-management strategy that is aimed at boosting its floundering stock. FILE PHOTO: Attendants are silhouetted in front of Xiaomi's logo at a venue for the launch ceremony of Xiaomi's new…
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