Purchasing shares on the stock markets of the world is quite a profitable process at the present time, especially if you know and understand which securities are worth investing in and which are not. The fact is that over the past year, amid the coronavirus pandemic, there have been massive redistributions of markets, and some assets are rising in price by 200-300% per year, while others, on the contrary, are reducing their value. However, experienced investors know that the greatest earnings lie where no one is looking, and thanks to this they create their capital. Today, we will look at one of these assets and clarify whether it is worth investing in Huawei shares now, whether it is more profitable to invest in them than buy Xiaomi shares, and is it worth it?
General information about Huawei assets
Huawei was founded in 1987 in China and is one of the leading players in the telecommunications services market. At the peak of its profitability, in 2016, the company's annual sales were an incredible $75.5 billion, of which $6.8 billion was operating profit and $5.3 billion was net profit. At the same time, the company's assets were estimated at 444 billion yuan, and were served by more than 180 thousand people. However, starting in 2016, the company began to face many problems, such as suspicions of espionage for the benefit of China in the United States, which ultimately led to a complete ban on the company’s products in many countries in 2019. As a result, the company's assets began to fall sharply in price, and if in 2016 the price of shares was 17.5 yuan, then in 2019 it was only 2.5 yuan. However, as you know, the company did not put up with this, and despite all the problems, it decided to reorganize and start working in other areas, for example, producing operational and digital products, as well as telecommunications components.
How to buy Huawei shares
2019 can be called a new start for Huawei, because since then the company got rid of past plans and began to conquer new markets. There is no need to doubt the corporation’s performance, and that is why Huawei’s shares are beginning to grow rapidly. You can purchase securities through brokers provided in the city of Kyiv or on similar sites on the Internet. However, remember that the exchange intermediary must have a license to work with the Beijing Stock Exchange, so check this information before making your trading deposit.
To create this article, information was taken from tradernew.pro/aktsii-kompanij/aktsii- xiaomi.html
