According to media sources, Xiaomi's market value has risen by about $20 billion since its June low, thanks to market excitement about the company's latest mobile phone and its move into electric vehicles and other businesses, as well as Apple's weak sales in China.。Following Huawei Technologies Ltd's Mate 60 Pro, Xiaomi's 14 series has received more than one million orders since its launch at the end of October, far exceeding Apple's sales in China.。