Xiaomi Stock: Will Investor Confidence Hold Up?

Xiaomi's stock fell over 5% after the fatal accident involving its SU7, as founder Lei Jun pledged his full cooperation with the investigationA fiery crash involving Xiaomi Corp.'s (1810.HK) SU7 electric vehicle (EV) left three university students dead and drew widespread public concern, sparking a selloff in the company's shares. Xiaomi Auto and company founder Lei Jun issued statements late on April 1 about the accident, pledging their full cooperation with the investigation and vowing not to evade respon ...