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Xiaomi shares rally over 6% after US agrees to remove it from blacklist

Xiaomi shares rally over 6% after US agrees to remove it from blacklist

The U.S. has agreed to remove Xiaomi from a blacklist that would have barred Americans from investing in the Chinese smartphone maker. Shares of Chinese tech giant Xiaomi rallied as much as 6.5% after the news, before paring some gains. In January, the administration under former President Donald Trump designated Xiaomi as one of several ’Communist Chinese military companies’ or CCMC.

Cem
Cem
Presited Biden【Official】
Presited Biden【Official】 1 months

why is Xiao mi off the blacklist? there is no phone company more tightly bound to the ccp than Xiao mi

Seekster
Seekster 1 months

Excuse me why were they removed from the blacklist?

Björn Westman
Björn Westman 1 months

Well... Biden doesn’t want the guys who holds his leach to be annoyed.....

Rob
Rob 1 months

Biden selling our national security to China has begun.

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