ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Nikkei Markets

No end in sight to Xiaomi's woes as outlook dims

Slowing smartphone market, Chinese economy seen as challenges

The stock of Xiaomi has lost more than 13% since January 4, the worst week in its short history.   © Reuters

HONG KONG (Nikkei Markets) -- Xiaomi investors hoping for a respite from the negative turn of events that has erased some 40% of the stock's value may be in for a long wait.

Weakening demand for smartphones could weigh on the Chinese company's earnings in the near term even if the selling pressure from existing shareholders subsides, analysts say.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more