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Xiaomi Corp Stock Jumps 13% ($XIACF)

Xiaomi Corporation ($XIACF) is shrugging off market indecisiveness, jumping by 13% on Monday. The move is likely follow through from its announcement last week that it has been awarded recognition by Institutional Investor, a renowned international financial magazine, in multiple categories of Asia Pacific (Ex-Japan) Executive Team Awards for the fourth consecutive year.

According to its investor update, in Technology Hardware sector, Xiaomi wins five category awards in “2022 Asia Pacific(Ex-Japan) Executive Team“, including Best CEO, Best CFO, Best Investor Relations Professional, Best Investor Relations Program, and Best ESG. This is the first year Xiaomi clinched All-Star status, achieving a first-place in the combined rankings across all five categories.

Mr. Lei Jun, Founder, Chairman and CEO of Xiaomi, ranked no. 1 in Best CEO. Mr. Alain Lam, Vice President and Chief Financial Officer, ranked no. 1 in Best CFO. Anita Chen, Director of Investor Relations and Capital Markets, ranked no. 1 in Best Investor Relations Professional. The Company ranked no. 1 in both Best Investor Relations Program and Best ESG categories. This is the fourth year that Xiaomi has been featured in the rankings since its stock market debut. The results demonstrate that the Company’s overall corporate governance and investment relations management capabilities are well recognized by the capital markets.

Mr. Alain Lam, Vice President and Chief Financial Officer of Xiaomi Corporation, said, “We are honored to receive these awards and market recognition for our IR and ESG efforts. We will continue to communicate with capital markets in a timely manner, to adapt to fast-changing macro environment, and to maximize value for our shareholders, investors and partners globally. “XIACF)

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