** Shares of China's Xiaomi 1810.HK climb 4.3% to HK$54.6, their highest levels since March 25, and on course for a third consecutive session of gains
** Stock marks its biggest intraday pct gain since May 2; and is second-biggest pct gainer on Hang Seng Tech Index .HSTECH, which rises 1.4%
** Xiaomi's founder Lei Jun said on Tuesday the company has started mass production of its self-developed Xring O1 advanced mobile chip, and the first two products to be powered by the chip will be the Xiaomi 15S Pro smartphone and the Xiaomi Pad 7 Ultra
** Xiaomi plans to hold a launch event for the products on Thursday
** Hang Seng Commerce & Industry Index .HSNC rises 1.6%, Hang Seng Index .HSI climbs 1.3%
** YTD, stock up 57%
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.