TOPIC

/ company

Xiaomi

Xiaomi designs and sells smartphones, tablets, fitness trackers, and apps. Since its launch in Beijing in 2010, the company has gone on to become one of the largest smartphone manufacturers in the world, challenging Apple and Samsung for market share, particularly in China and Southeast Asia.

Chairman / President

Lei Jun

CEO / Managing Director

Lei Jun

CFO / Finance Director

Lam Sai Wai (Alain)

Industry

Electronics

Website

xiaomi.com

Headquarters address

Xiaomi Campus. Anningzhuang Road. Haidian District. Beijing, China

Stock Code

SEHK:1810

The move marks Zhipu’s second price increase this year, following a broader overhaul in February that lifted rates by more than 30 per cent. Photo: Shutterstock

Artificial intelligence

China’s Zhipu AI open-sources GLM-5.1, raises prices to trim gap with US rivals

The company’s second price increase this year signals a push to monetise advanced AI models while keeping costs below US peers.

6 hours ago

Artificial intelligence

Chinese AI glasses maker Rokid planning Hong Kong IPO: sources

8 Apr 2026 - 1:54PM

OpenClaw

Chinese AI rivals clash over Anthropic’s OpenClaw exit amid global token crunch

6 Apr 2026 - 3:58PM

Artificial intelligence

Who is Xu Rui, the ex-ByteDance executive tapped by Meta to lead AI hardware?

The veteran Chinese executive will lead a team that develops AI devices at the Facebook parent’s superintelligence unit.

5 Apr 2026 - 4:52PM

Xu Rui, a graduate of Harbin Institute of Technology and Seoul National University, has had a storied career, including stints at several Chinese tech giants. Photo: Handout

Semiconductors

Memory crunch bites: Xiaomi lifts handset prices amid supply chain squeeze

Price rises of nearly US$30 reflect surging memory costs, with analysts pointing to AI-driven demand and tight supply across the chip sector.

3 Apr 2026 - 7:00PM

Artificial intelligence

Chinese AI giants pivot toward proprietary models to drive revenue, performance

This week, Alibaba released three proprietary models that were all accessible only via its official cloud platform or chatbot website.

2 Apr 2026 - 10:23PM

SCMP Highlights

China’s electric cars and Iran war, VW pulls Skoda: 7 EV reads

From some Chinese carmakers raising prices to Xiaomi’s fresh fight with Tesla, here are seven EV stories you may have missed.

1 Apr 2026 - 3:30PM

Large numbers of cars are lined up ready for export at a port in eastern China’s Jiangsu province. China recently overtook Japan as the world’s largest car exporter. Photo: Xinhua

Apple

Apple’s accidental AI feature release in China risks regulatory backlash: expert

Mainland China users briefly access Apple Intelligence before the update vanishes, raising questions over compliance and regulatory approval.

31 Mar 2026 - 6:00PM

Artificial intelligence

Xiaomi, Alibaba ramp up AI recruitment amid global talent war

AI-related positions account for more than 80 per cent of Alibaba’s open roles, up from around 60 per cent last year.

30 Mar 2026 - 10:00PM

Mainland China

How China’s EV makers think they can outrun disastrous price wars

At Beijing’s urging, an industry largely built on discounting must hold the line on prices and convince buyers to pay for better technology.

28 Mar 2026 - 10:03AM

Hong Kong stock market

Memory costs ‘beyond imagination’ hurting smartphone makers: Xiaomi leader

Firms are being drawn into a price-raising cycle that could reshape the industry, executive says as company reports 27 per cent profit drop.

24 Mar 2026 - 7:57PM

A man takes a picture of a Xiaomi phone at the Mobile World Congress in Barcelona, Spain, on March 2, 2026. Photo: Reuters

Electric & new energy vehicles

3 Chinese EV makers raise prices – but demand slowdown could force reversal

Xiaomi, Chery and FAW adjust prices amid surging chip and raw material costs, but analysts say soft sales could undermine gains.

24 Mar 2026 - 7:44AM

Robotics

Inside Unitree’s landmark IPO: what to know about China’s humanoid giant

Listing, if approved, would be a bellwether of investor appetite for so-called embodied AI companies.

23 Mar 2026 - 9:45PMvideocam

Artificial intelligence

What is ‘tokenomics’ and how would China gain the edge in an AI era?

As tokens are positioned as the AI era’s commodity, China’s energy scale and low-cost models could give it a structural edge.

23 Mar 2026 - 10:44AM

Jensen Huang at Nvidia’s annual GTC conference in San Jose, California, on March 17. Photo: AFP

China trade

China’s AI edge built on power grid, open-source models: Alibaba’s Joe Tsai

Investment in power and open-source models, plus industrial depth, highlights China’s vast potential for AI applications, Joe Tsai says.

23 Mar 2026 - 9:59AM

Joe Tsai, chairman of Alibaba Group Holding, delivers a speech on March 22 at the China Development Forum in Beijing. Photo: Handout

Electric & new energy vehicles

Xiaomi’s new-generation SU7 launch sparks fresh EV fight with Tesla in China

Updated smart sedan debuts with improved safety and smart-driving features, intensifying competition with Tesla and domestic rivals.

20 Mar 2026 - 4:27PM

Hong Kong stock market

Hong Kong stocks mark third weekly loss as oil volatility pressures sentiment

Hang Seng Index falls for a third week as investors weigh the US-Israel war on Iran, oil swings and corporate earnings.

20 Mar 2026 - 4:55PM

Hong Kong stock market

Hong Kong stocks edge higher as oil steadies, tracking Wall Street gains

Hang Seng Index advances for a second day amid easing concerns over inflation and geopolitical risks.

17 Mar 2026 - 4:46PM

A motorist holds a fuel pump nozzle to fill up his car. Photo: AFP

Artificial intelligence

Tencent sponsors OpenClaw after creator’s complaints of copying

Chinese tech companies are aggressively promoting the deployment of the AI agent amid a nationwide frenzy.

16 Mar 2026 - 10:44PM

Robotics

China’s industrial robot output accelerates as factories ramp up deployment

Output of industrial robots jumps 31 per cent in year’s first two months, while production of service robots rises 1 per cent in same period.

16 Mar 2026 - 9:30PMvideocam

Smartphones

Chinese smartphone makers Vivo, Oppo raise prices as memory costs surge

Unable to absorb rising memory-chip prices, popular handset makers are passing on the costs to consumers.

16 Mar 2026 - 6:30PM

Smartphone prices are rising amid higher memory-chip costs. Photo: Xinhua

China property

China mall shuffle: as EVs exit, who’s filling the ground-floor showrooms?

New demand for mall space comes from brands riding fresh trends, including Unitree Robotics, Pop Mart and Lululemon.

15 Mar 2026 - 12:00PM

People walk past an EV showroom inside a shopping mall in Beijing. Photo: AP

OpenClaw

Inside the OpenClaw AI mania in China, as security fears and enthusiasm surge

Appeal of autonomous AI agent spurs rapid adoption across country, from tech pros to retirees seeking a ‘digital staff’, but data wipes mar its rise and trigger warnings.

14 Mar 2026 - 6:53AMvideocam

Electric & new energy vehicles

Tesla’s 91% February sales jump in China defies overall market slowdown

The US carmaker’s Shanghai Gigafactory delivered nearly 58,600 vehicles last month, with the Model Y topping the sales chart.

13 Mar 2026 - 4:56PMvideocam

China trade

India opens door to more Chinese investment after 6-year freeze

New Delhi’s easing of foreign investment rules comes amid a cautious push by India and China to repair ties after years of tense relations.

11 Mar 2026 - 4:37PM

Indian Prime Minister Narendra Modi shakes hands with Chinese President Xi Jinping during a bilateral meeting on the sidelines of the Shanghai Cooperation Organisation summit in Tianjin in 2025. Photo: AFP

Hong Kong stock market

Middle East crisis fuels wild Hong Kong stocks swings from mainland investors

Rapid shifts in cross-border flows show even Hong Kong’s most reliable buyers can amplify market turbulence during geopolitical shocks.

11 Mar 2026 - 8:44AM

The escalating hostilities in the Middle East have prompted onshore Chinese investors trading Hong Kong’s stocks through cross-border Stock Connect programmes to behave more like short-term day traders. Photo: EPA

Artificial intelligence

Chinese tech giants offer cheap, easy access to OpenClaw amid ‘lobster fever’

Shares of Hong Kong-listed MiniMax and Zhipu AI surge after launching OpenClaw tools.

10 Mar 2026 - 5:00PM

Hong Kong stock market

Why HKEX’s board lot reform could pose challenges for HSBC and others

HSBC, Xiaomi, AIA and Pop Mart are among some 650 Hong Kong-listed firms that may need to change trading units under proposed lot reforms.

9 Mar 2026 - 7:00PM

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