Xiaomi fires up new PR agency partnership for HK market Details
Xiaomi Hong Kong has handed Flare Communications Group a one year communications contract. The agency will provide strategic counsel, PR, social and influencer integrated services to amplify brand awareness, optimise visible presence among local and regional communities to build relatable and engaging content.
Building on Xiaomi’s reputation in technology and smart gadgets, Flare will continue to reinforce Xiaomi’s leadership role in the industry, as well as to enrich its lifestyle image in all round aspects. Flare’s service will be effective on 15 July 2021 onwards. Xiaomi is an internet company with smartphones and smart hardware connected by an Internet of Things (IoT) platform at its core. With an equal emphasis on innovation and quality, Xiaomi pursues high-quality user experience and operational efficiency.
By Addison Gong
14 May 2021
In this round-up, China records the lowest population growth in decades, the pace of credit expansion moderates, and a surge in the country’s factory gate prices adds to global inflation concerns.
China’s population hit 1.412bn last year, up from 1.4bn in 2019 and an increase of 72.06m from 2010, according to the National Bureau of Statistics (NBS). The average annual growth rate was 0.53% for the past decade, slower than the 0.57% recorded for the 2000-2010 period. Those aged 60 or above made up 18.7% of the population, which was 5.44 percentage points higher compared to 2010. The male to female ratio was 51.24 to 48.76.
Author Bio
Fool since 2011. I write about consumer goods, the big picture, and whatever else piques my interest. Follow me on Twitter to see my latest articles, and for commentary on hot topics in retail and the broad market.
Follow @tmfbowman
What happened
Shares of
Luokung Technology (NASDAQ:LKCO) were climbing today as investors got a shot of hope that the company could stave off a delisting from the
Nasdaq exchange, following an earlier order from the Department of Defense requiring a group of Chinese companies providing aid to the Chinese military to be delisted.
The stock was up 42.5% as of 10:47 a.m. EDT today on the news.
This morning, the Hong Kong stock market opened, and Xiaomi Group rose 8.79%. As of the press time, Xiaomi Group rose by 10.55%, while its stock price hit 25.15 Hong Kong dollars ($3.24). Furthermore, its market value also hit 63.814 billion Hong Kong dollars ($8.2 billion).
Earlier, Washington District Judge, Rudolph Contreras, issued a preliminary injunction on the 12th to prevent the Department of Defense from restricting US investors’ investment in the Xiaomi Group.
The next day, Xiaomi stated in a statement that the electronic products produced by the company are for ordinary consumers. The inclusion of Xiaomi on the list of Chinese military-related enterprises was an arbitrary decision. The U.S. judge also agrees with Xiaomi’s stand on this. Xiaomi will continue to request the court to finally rule that the decree is invalid for Xiaomi.
So Is Xiaomi Building A Car? Wait And See, Not Yet! gizchina.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gizchina.com Daily Mail and Mail on Sunday newspapers.