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Home / Capital / Brokers Calls

Xiaomi to continue to gain domestic market share despite being added to 'communist' list by US defense department: OCBC

Broker's Calls

Xiaomi to continue to gain domestic market share despite being added to 'communist' list by US defense department: OCBC

Felicia Tan Published on Thu, Jan 21, 2021 / 9:51 AM GMT+8

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The US Department of Defense, on Jan 15, declared Xiaomi a “Communist Chinese military company” under the Trump administration, which should result in “near-term pressure” on the stock, says the team OCBC Investment Research on Jan 18.

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