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Xiaomi denies rumors of talks with Evergrande

By Ma Si | chinadaily.com.cn | Updated: 2021-08-20 10:41
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A Xiaomi logo is seen hanging on one of the company's buildings in Chongqing. [Photo/IC]

Chinese tech company Xiaomi Corp on Friday denied market rumors that it is in negotiations with Chinese property company Evergrande Group to buy 65 percent of the latter's carmaking business.

A spokesperson for Xiaomi said the company has communicated with various carmaking teams, but it has not made any decision on its intention to cooperate.

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