Xiaobai Maimai is a holding company. Through its subsidiaries, Co. is engaged in providing social e-commerce platform to provide branded products through collaboration with online and offline merchants. Co. has a form of social e-commerce mobile platform, Xiaobai Maimai App. Co. utilizes its cooperation with domestic e-commerce platforms and services marketplaces as part of its buyer resources to select and source the goods and services. Co. provides a variety of products covering food and beverage, wine, cosmetic products, fashion and apparel, entertainment, housewares, home appliances and promotions at petrol gas stations nationwide. Co. has also launched the Elite Influencers Program. The HX average annual return since 2017 is shown above.
The Average Annual Return on the HX average annual return since 2017 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether HX average annual return since 2017 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the HX average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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