Xiaomi quarterly results better than expected

Xiaomi’s strong results overshadowed by falling prices

The smartphone maker’s third-quarter profit beat expectations, but its average smartphone price fell below 1,000 yuan for the first time in nearly four years Key Takeaways: Xiaomi’s smartphone shipments rose…

Vipshop’s strong results overshadowed by troubling outlook

The online discount retailer’s second-quarter results beat analyst expectations, but its third-quarter forecast was far gloomier as the Chinese economy sputters Key Takeaways: Vipshop’s revenue increased 13.6% in the second…