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

People walk past the Alibaba Qwen booth at the Mobile World Congress in Barcelona, Spain, March 2, 2026. Photo: Xinhua

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

1 Apr 2026 - 3:30PM

Apple

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

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

People test the latest Xiaomi smartphones at the Mobile World Congress in Barcelona, Spain, February 28, 2026. Photo: Reuters

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

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

Xiaomi is the latest EV maker to adjust pricing of some models. Photo: Reuters

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

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

Lei Jun says the new-generation SU7 offers strong value for money. Photo: Weibo

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

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

Shenzhen-based Tencent said its team members had contributed code to the open-source project. Photo: Reuters

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

A robot carries a tray of food at the China Mobile booth during MWC Barcelona earlier this month. Photo: AFP

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

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

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

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

OpenClaw was launched last year and acquired by OpenAI in February, sparking global hype. Photo: NurPhoto via Getty Images

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

Artificial intelligence

OpenClaw fever: why is China rushing to ‘raise a lobster’?

Chinese consumers are using OpenClaw for everything from stock picking and report writing to slide decks, emails and coding.

13 Mar 2026 - 2:32PMvideocam

Artificial intelligence

Middle East crisis, global memory crunch dim AI smartphone buzz at MWC 2026

Industry excitement over AI-powered devices tempered by supply chain risks from Iran conflict and memory shortage affecting shipments.

8 Mar 2026 - 12:00PM

Honor showcases its “Robot Phone” at MWC 2026 in Barcelona, Spain. Photo: AFP

NFL (National Football League)

Chinese billionaire Lin Bin buys US$12.5 billion Dolphins stake, report says

Co-founder of electronics giant Xiaomi acquires 1 per cent of holding company whose assets include Hard Rock Stadium, Miami Grand Prix.

4 Mar 2026 - 7:00PM

Miami Dolphins running back De’Von Achane (28) and his team in action against the Cincinnati Bengals at Hard Rock Stadium in Miami Gardens, Florida in December. Photo: TNS

Two Sessions 2026

China’s tech leaders urge faster AI, robot adoption in ‘two sessions’ proposals

Tech leaders advocate for rapid AI and robotics growth, calling for policy support to boost industrial use and computing infrastructure.

4 Mar 2026 - 9:27PM

Smartphones

Will Apple’s low-cost iPhone 17e make a splash in China’s smartphone market?

Presales for the new entry-level iPhone start on Wednesday, with a wide release set for March 11.

3 Mar 2026 - 7:00PM

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