HONG KONG (Reuters) - Shares of China' Xiaomi ( XIACF ) were set to rise 15% on Tuesday after the maker of smartphones and other consumer electronics late last week launched a sporty electric car whose design has been likened to Porsche's Taycan and Panamera sports car models.

Xiaomi's ( XIACF ) stock was set to open up at HK$17.80 on the first day of stock market trading since it launched its electric vehicle late last week.