Phone Giant Xiaomi Jumps to Two-Year High After Profit Beat
Steven Wang, general manager of East Asia at Xiaomi Corp., holds the company’s Mi Note 10 smartphone during a news conference in Tokyo, Japan, on Monday, Dec. 9, 2019. (Photographer: Toru Hanai/Bloomberg)

Phone Giant Xiaomi Jumps to Two-Year High After Profit Beat

(Bloomberg) -- Xiaomi Corp.’s shares leapt 11.4% after inroads into the Chinese market for high-end smartphones and strong growth overseas helped the company report better-than-expected profit.
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