Midea Group Co. $000333.SZ continues to impress its investors with remarkable financial performance. In the first quarter of the current year, the company's net profit and revenue increased significantly, driven by the utilization of Chinese subsidies for home appliances. This growth has occurred despite rising tariff risks associated with exports to the United States.

Shares of Xiaomi Corp. $1810.HK captured attention on the Hong Kong stock market on Friday as their value soared to a new record. This surge is attributed to the launch of new products and government subsidy programs being implemented in China.