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

Bull statues stand near screens showing the Hang Seng Index at Exchange Square in Hong Kong, home of the city’s bourse operator, on February 3, 2026. Photo: Reuters

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A potential buyer discusses a Tesla YL with a staff member in a showroom in Beijing on February 3, 2026. Photo: AFP

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Britain’s Prime Minister Keir Starmer shakes hands with President Xi Jinping, ahead of a bilateral meeting in Beijing on January 29. Photo: Reuters

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Xiaomi’s SU7 becomes China’s first Tesla killer, outselling the Model 3

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Bubble tea chain Mixue Bingcheng joined the ranks of China’s top 100 listed companies in the first half of last year. Photo: Reuters

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Apple led the smartphone market in mainland China with a 22 per cent share in the fourth quarter of 2025. Photo: AFP

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Exclusive | China’s Xiaomi, Transsion slash 2026 smartphone shipments as memory crunch bites

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Xiaomi’s refreshed SU7 turns up the heat on Tesla in China’s EV race

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Electric & new energy vehicles

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Tesla cars are displayed in a showroom in Beijing on April 4, 2025. Photo: Simon Song

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Xiaomi

Korean investors pour US$92.5 million into Hong Kong AI, tech stocks

Return to mainland equities bends towards start-ups and ETFs, versus earlier focus on bellwether, large-cap names.

.css-1m2rp1p{color:#34b8b5;}My Take | China and the UN are not the problem in Ukraine and Palestine – the West is

‘More than 600%’ memory price spike rattles China’s phone and broadband makers

China’s Xi signals tech ambitions in 5-year plan with Beijing tour

Visit comes as Beijing prioritises tech-driven development and achieving self-reliance in its latest socio-economic blueprint.

Tesla launches China AI training centre as self-driving race accelerates

US EV giant opens hub to advance its Full Self-Driving software, as Chinese carmakers step up their own L3 autonomous driving plans.

China’s first ‘Tesla killer’, flying car makers eye lift-off date: 7 EV reads

From analysis on Beijing-Ottawa tariff deal to foreign carmakers set to stage China comeback, here are seven EV stories you may have missed.

Tesla, Xiaomi vie for Chinese EV buyers with cheaper, longer loans

Low interest rates and seven-year payback periods replace price discounts while EV sales drop and materials costs rise.

Hong Kong stocks rise despite losses for tech firms on tax concerns

Baidu, Kuaishou among internet stocks losing ground amid rumours regulators may adjust value-added taxes on the sector.

Chinese firms set for market growth as the global memory super cycle heats up

Eye-watering DRAM prices are bad news for consumers and smartphone brands, but present an opportunity for Chinese firms led by CXMT and YMTC.

What has UK PM Starmer achieved in China – and what next for Sino-British ties?

The British leader’s trip has so far yielded tariff cuts and agreements on trade and investment.

Why tech billionaires enjoy rock star treatment in China compared to the US

From personal foibles to that particular look or ability to charm, the business success of global moguls can rest on setting a narrative.

Xiaomi’s SU7 becomes China’s first Tesla killer, outselling the Model 3

Tesla’s grip on China’s premium sedan segment has loosened, as a bruising price war reshapes the EV landscape.

Hong Kong stocks rise to 1-week high on China easing hope, US data

Hang Seng Index pares loss for the week after governor of China’s central bank signals more room for policy loosening.

China’s private sector increases presence among top 100 listed firms

US think tank’s report says non-state sector is bouncing back from three-year slump.

Apple cuts prices for Lunar New Year as competition heats up in mainland China

Apple offers discounts on iPhones, MacBook and other products – its second promotion in a month ahead of the holiday.

Chinese carmakers eye Western markets, China-EU dispute progress: 7 EV reads

From a widening gap in US-China electric vehicle markets to Xiaomi’s refreshed SU7, here are seven EV stories you may have missed.

.css-sioo19{color:#c79a00;}Exclusive | China’s Xiaomi, Transsion slash 2026 smartphone shipments as memory crunch bites

Xiaomi cut its latest shipment forecast by between 10 and 70 million units, while Transsion lowered its target by 30 to 45 million units.

Huawei reclaims top spot over Apple in China smartphone market

Huawei turns to China-designed processors to complete a rebound from US sanctions and ship nearly 47 million smartphones domestically.

Hong Kong stocks advance as investors turn to China amid Middle East uncertainty

Hang Seng Index extends rally as regional markets find support amid rising tensions between the US and Iran.

Surging chip prices force Chinese smartphone maker Meizu to abandon launch

Memory-chip prices could jump between 40 and 50 per cent in the first quarter after rising by the same level in the previous quarter.

Chinese robot vacuum maker Dreame sees AI-driven appliances run household chores

The firm’s ambition is to become a ‘world-class technology company’, global president Chang Xinwei says.

Core team of Chinese researchers behind AI model R1 remains intact: DeepSeek

The 18 core scientists behind R1 continue to power the start-up’s AI ambitions and capabilities amid growing anticipation of a new release.

Xiaomi’s refreshed SU7 turns up the heat on Tesla in China’s EV race

Updated SU7 model offers longer range – more than 900km (560 miles) on a single charge – and other advanced features.

Opinion | Innovation and exports will winnow China’s car industry in 2026

Exports will be key to profitability and chips will be the new battleground but consolidation is likely to be confined to the battery sector.

Tesla’s China sales hit record as EV buyers race to beat tax increase

US carmaker’s share of world’s biggest EV market declines to slightly more then 4 per cent amid stern challenge from local rivals.

China’s EV sector doubles down on discounts and cheap financing as growth cools

Carmakers are shifting from straight price cuts to subsidised loans and feature-packed models, as China’s EV price war drags on.

Hong Kong’s IPO dominance in 2025 set to carry on into new year

The city’s exchange secures global bragging rights after 114 companies raised US$37.22 billion on the main board in 2025, according to LSEG.

China’s DRAM giant CXMT plans US$4.2 billion IPO on Shanghai’s Star Market

Listing aims to fund wafer expansion and DRAM upgrades as Beijing drives tech self-reliance.

My Take | China and the UN are not the problem in Ukraine and Palestine – the West is

Exclusive | China’s Xiaomi, Transsion slash 2026 smartphone shipments as memory crunch bites