FILE PHOTO: Customers wait to pay at a Xiaomi store in Beijing, China June 21, 2018. REUTERS/Jason Lee/File Photo
BEIJING: Chinese authorities on Oct 30 said smartphone maker Xioami Corp made errors in its accounting, sending the company's Hong Kong-listed shares down amid a wider sell-off of China tech stocks.
Xiaomi was one of several internet firms named in the annual inspection by China's Ministry of Finance. Other firms include e-commerce giant Suning.Com Co Ltd and online game developer Wuhu Shunrong Sanqi Interactive Entertainment Network Technology Co Ltd.
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