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Xiaomi shares slide ~10% after U.S. blacklists smartphone-maker

Jan. 15, 2021 6:02 AM ETCHA, CHL, CHU, TCEHYBy: Niloofer Shaikh, SA News Editor8 Comments
  • After Huawei and ZTE, the Trump administration has added smartphone maker Xiaomi to a blacklist of alleged Chinese military companies.
  • The move means that Xiaomi is now subject to a November executive order restricting American investors from buying shares or related securities

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