Xiaomi won more orders than expected for its new YU7 electric sports utility vehicle in the first hours after it went on sale, sending the company's shares up 8% to an all-time high. The Chinese EV and smartphone maker on Thursday priced its new electric YU7 SUV from 253,

Xiaomis Hong Kong-listed shares (OTC:XIACF) jumped 8% on Friday following the debut of its latest electric vehicle, the YU7 SUV. The Chinese tech giant, best known for its smartphones, continues its bold push into

Xiaomi (OTC: XIACF) surged over 5% to a record high of HK$61.10, outpacing a 0.5% increase in the Hang Seng index. The tech giant opened up preorders for its new YU7 luxury electric SUV on Thursday, and said it had received more than 200,000 orders within just minutes of the launch.