Source: South China Morning PostChina’s Xiaomi Corp said on Wednesday a US court has removed the company’s designation as a Communist Chinese Military Company (CCMC) and lifted all restrictions on US persons buying or holding its stock.“The US District Court for the District of Columbia issued a final order vacating the US Department of Defence’s designation of the company as a CCMC,” the smartphone maker said in a filing to the Hong Kong bourse.It said the order was made on Tuesday.Hang Seng Index hits month-high on Xiaomi…Read More