Xiaomi founder and CEO Lei Jun. Photo: Handout
China’s Xiaomi says US has formally lifted securities ban imposed by Trump administration after court finds it is not a ‘military company’
- A court filing showed earlier in May that the US Defence Department would remove Xiaomi from a government blacklist
- With the securities ban lifted, FTSE Russell said it would add Xiaomi back to its global indexes
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Xiaomi founder and CEO Lei Jun. Photo: Handout