China regulator denies rumours about probes on Xiaomi-invested firms

China regulator denies rumours about probes on Xiaomi-invested firms

FILE PHOTO: The Xiaomi logo is seen at a Xiaomi shop, in Shanghai, China May 12, 2021. REUTERS/Aly Song

China’s securities watchdog denied market rumours on Tuesday that Chinese regulators had launched probes on companies in Xiaomi Corp’s industrial chain or restricted such firms’ listing plans.