<p>Hong Kong: Shares of China's Xiaomi were set to rise 2.3 per cent on Wednesday after it reported a record first-quarter revenue and profit and said its shift towards higher-end products from smartphones to home appliances was already paying off.</p>.<p>The Hong Kong-listed shares of the world's third-largest smartphone maker, whose product lines also extend to cars, were set to open at HK$52.75. </p>
<p>Hong Kong: Shares of China's Xiaomi were set to rise 2.3 per cent on Wednesday after it reported a record first-quarter revenue and profit and said its shift towards higher-end products from smartphones to home appliances was already paying off.</p>.<p>The Hong Kong-listed shares of the world's third-largest smartphone maker, whose product lines also extend to cars, were set to open at HK$52.75. </p>