Xiaomi's stock (01810.HK) surged over 6% on January 4, 2025, reaching a three-year high of HK$36.1. This pushed its market capitalization above HK$900 billion.
Xiaomi's Stock Journey
- Listing: Xiaomi Group debuted on the Hong Kong Stock Exchange on July 9, 2018, as the first company listed with a dual-class share structure.
- Early Challenges: The stock price initially struggled, falling below its issue price of HK$17 to a low of HK$8.28 in 2019.
- Recovery: A significant turnaround occurred on January 4, 2021, when the stock price doubled its initial offering.
This recent surge reflects growing investor confidence in Xiaomi's strategic direction, including advancements in smartphones, IoT devices, and its expansion into the electric vehicle market. For related news on other tech companies, see Meta Leadership Change.
Xiaomi's success is attributed to its diversified product portfolio, innovative launches, and global expansion. This strong performance suggests continued growth in the coming years. To learn more about other successful tech ventures, check out KoBold Metals' AI-powered Copper Mine.
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