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XIAOMI-W Says Air-con Sales 20x Last Yr, as CN Northeast Region Under Rare Heatwave
Since late June, the Northeast region of China has been experiencing an unprecedented heatwave, with maximum temperatures in cities such as Harbin, Changchun, and Shenyang consiste...
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XIAOMI-W Says Air-con Sales 20x Last Yr, as CN Northeast Region Under Rare Heatwave
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Since late June, the Northeast region of China has been experiencing an unprecedented heatwave, with maximum temperatures in cities such as Harbin, Changchun, and Shenyang consistently topping 35 Degrees Celsius, and some areas reaching as high as 39 Degrees Celsius.

Wang Xiaoyan, Vice President and President of China Region at XIAOMI-W (01810.HK)  -1.050 (-1.790%)    Short selling $958.00M; Ratio 16.169%   , posted on Weibo today (7th) stating that the Northeast and Inner Mongolia have been experiencing persistently high temperatures since June 24, leading to a spike in air conditioner sales, with Xiaomi's air conditioner sales whopping 20 times that of the same period last year.

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Xiaomi's service department has urgently organized installation engineers from across China to rush to Northeast and Inner Mongolia to ensure timely installation for users.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-08 16:25.)

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