Xiaomi’s stock soared to an all-time high in Hong Kong trading after the US government removed the company from its investment blacklist. The decision reverses a Trump-era ban that had restricted US investors from holding shares in the Chinese tech giant.

The stock price jumped significantly as markets opened, reflecting strong investor confidence in Xiaomi’s future prospects. Analysts predict that the removal of the ban will lead to increased investment and further growth for the company.

The US government’s move comes after Xiaomi successfully challenged the ban in court, arguing that it was unfairly targeted. The company maintained that it has no ties to the Chinese military and operates independently.

This positive development is expected to boost Xiaomi’s global expansion plans and strengthen its position in the competitive smartphone market. The company is now free to pursue partnerships and investments without the constraints imposed by the US ban.

Investors are closely watching Xiaomi’s next strategic moves as it capitalizes on this newfound opportunity. The company’s performance in the coming months will be a key indicator of its long-term growth potential.