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Huawei's influence in the Chinese stock market is evident as it drives a $34 billion boom in rare hot trades. The tech giant's impact is felt even as Q2 smartphone sales experience their worst decline in a decade. This surge in stock value comes amidst concerns over Huawei's future and the crash of the once-iconic Blackberry smartphone.
Blackberry smartphone was status symbol then crashed and burned https://t.co/4uIsnobSUw
The late-August debut of Huawei’s newest smartphone, the Mate 60 Pro, lured droves of consumers in the midst of a sluggish economic recovery, fueling a surge in stocks of the company’s suppliers. https://t.co/qtlCPjDaIv
The late-August debut of Huawei’s latest smartphone, the Mate 60 Pro, lured droves of consumers in the midst of a sluggish economic recovery, fueling a surge in stocks of the company’s suppliers. https://t.co/qtlCPjDaIv
During Q2 smartphones had their worst sales growth in a decade https://t.co/McVCdkrWJf
During Q2 smartphones had their worst sales in a decade https://t.co/ldrDX3Vyz3
Huawei is driving a $34 billion China stock boom in rare hot trades https://t.co/zPULLnboFn
Huawei is driving a $34 billion China stock boom in rare hot trades https://t.co/sWXsJc4xza