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 Exchange Square in Central, home of bourse operator Hong Kong Exchanges and Clearing. Photo: Nathan Tsui

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

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8 Jan 2026 - 1:50AM

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

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CXMT is China’s largest and the world’s fourth-largest DRAM manufacturer. Photo: Handout

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Two women use their mobile phones at a store in Beijing on November 29, 2025. Photo: AFP

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Customers try Xiaomi 17 series smartphones at a Xiaomi store in Nanjing, in eastern China’s Jiangsu province, on September 27, 2025. Photo: VCG via Getty Images

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A visitor looks at an intelligent cleaning robot displayed at the China International Fair for Trade in Services in Beijing, September 12, 2025. Photo: Xinhua

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Xiaomi’s 17 Ultra, backed by Leica, challenges Apple’s iPhone Pro Max in imaging

The 17 Ultra’s US$998 starting price is nearly 8 per cent higher than the previous generation owing to the soaring cost of memory chips.

25 Dec 2025 - 11:14PM

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Hong Kong stocks rise as Wall Street rally boosts confidence in earnings growth

Investors shrug off weaker US Federal Reserve easing hopes and bet on resilient corporate profits into 2026.

24 Dec 2025 - 3:48PM

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China’s Xiaomi rejects claims of military ties after appeal by US lawmakers

Smartphone-to-vehicle giant says it ‘has always been and continues to be a consumer product company’.

23 Dec 2025 - 7:29PM

Xiaomi says it is not a Chinese military company nor affiliated with any Chinese military entities. Photo: Shutterstock

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Building a humanoid robot without China? Then you better bring a bigger wallet

China has issued five times the number of patents related to humanoid robots than the US, says Morgan Stanley.

21 Dec 2025 - 7:30AM

A technician teaches a humanoid robot to use a wrench to tighten a bolt at a data collection pre-training center for humanoid robots in Hefei, east China’s Anhui Province. Photo: Xinhua

US-China relations

US lawmakers want DeepSeek, Xiaomi added to list of China military-linked firms

Republicans want to add 19 more entities to the document that already includes tech giant Tencent Holdings and major ‍battery maker CATL.

20 Dec 2025 - 5:08AMvideocam

A letter, from US lawmakers asks for AI firm DeepSeek and other Chinese companies to be put on what is known as the Section 1260H list. Photo: Reuters

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Hong Kong stocks tread water as tech giants stumble on AI bubble jitters

Hang Seng Tech Index slides after US equities slump, while investors await inflation report.

18 Dec 2025 - 4:39PM

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Honor

Memory crunch: China’s Xiaomi and Honor raise tablet prices as chip costs surge

Supplies of memory products for electronic devices squeezed by AI pivot of chipmakers, spurring companies to pass on costs to consumers.

17 Dec 2025 - 8:00PM

Xiaomi will hike the prices of its Redmi Pad 2 and Xiaomi Pad 8 series. Photo: Shutterstock

Artificial intelligence

Xiaomi launches open-source model to compete against DeepSeek, OpenAI systems

MiMo-V2-Flash ‘particularly excels in reasoning, coding and agentic scenarios’, Xiaomi says.

17 Dec 2025 - 8:51PM

Xiaomi’s open-source AI model, MiMo-V2-Flash, is available on the company’s developer site MiMo Studio, Hugging Face and the API Platform. Photo: Shutterstock

Hong Kong stock market

Hong Kong stocks slump to 3-week low as China growth jitters dampen sentiment

Caution prevails as investors weigh China’s growth prospects after key economic data showed a deceleration across the board.

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Xiaomi

Hong Kong stocks edge higher as investors hedge against 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

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

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.

.css-1m2rp1p{color:#34b8b5;}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.

China’s second-hand boom fuels bruising battle for trade-in traffic

Recycling platform ATRenew is scaling up as China’s young consumers shed the stigma around second-hand shopping.

Chinese robot vacuum maker Dreame gives staff gifts of gold, trip to Antarctica

Dreame’s surprise largesse reflects its robust business growth in 2025, as it remains one of the world’s top robot vacuum cleaner brands.

Hong Kong stocks fail to hold on to gains on slow trade

Sentiment swings between concerns over a weakening growth outlook and bets that Beijing will step up policy easing to prop up the economy.

Xiaomi dips on co-founder’s US$2 billion share sale plan

Co-founder and vice-chairman Lin Bin plans to offload no more than US$500 million in any 12-month period starting in December 2026.

Untapped global demand to drive next phase of robotic vacuum growth: Dreame

Europe is Dreame’s largest market for robotic vacuum cleaners, with more than half of its revenue there generated by premium products.

Xiaomi’s 17 Ultra, backed by Leica, challenges Apple’s iPhone Pro Max in imaging

The 17 Ultra’s US$998 starting price is nearly 8 per cent higher than the previous generation owing to the soaring cost of memory chips.

Hong Kong stocks rise as Wall Street rally boosts confidence in earnings growth

Investors shrug off weaker US Federal Reserve easing hopes and bet on resilient corporate profits into 2026.

China’s Xiaomi rejects claims of military ties after appeal by US lawmakers

Smartphone-to-vehicle giant says it ‘has always been and continues to be a consumer product company’.

SMIC, Pop Mart lead Hong Kong stocks higher before Christmas trading break

Hong Kong’s market will close early on Wednesday and remain shut on December 25 and 26.

China’s approval for L3 self-driving cars to stimulate slowing mainland market

Chinese carmakers could sell about 270,000 semi-autonomous vehicles next year, representing 1 per cent of the total market, Daiwa says.

Building a humanoid robot without China? Then you better bring a bigger wallet

China has issued five times the number of patents related to humanoid robots than the US, says Morgan Stanley.

US lawmakers want DeepSeek, Xiaomi added to list of China military-linked firms

Republicans want to add 19 more entities to the document that already includes tech giant Tencent Holdings and major ‍battery maker CATL.

Hong Kong stocks tread water as tech giants stumble on AI bubble jitters

Hang Seng Tech Index slides after US equities slump, while investors await inflation report.

China cements global lead in smart vacuums as Picea acquires Roomba maker iRobot

Last month, Picea subsidiary Santrum bought about US$191 million of iRobot’s outstanding debt from the investment firm Carlyle Group.

Memory crunch: China’s Xiaomi and Honor raise tablet prices as chip costs surge

Supplies of memory products for electronic devices squeezed by AI pivot of chipmakers, spurring companies to pass on costs to consumers.

Xiaomi launches open-source model to compete against DeepSeek, OpenAI systems

MiMo-V2-Flash ‘particularly excels in reasoning, coding and agentic scenarios’, Xiaomi says.

Hong Kong stocks slump to 3-week low as China growth jitters dampen sentiment

Caution prevails as investors weigh China’s growth prospects after key economic data showed a deceleration across the board.

China’s Geely Auto raises bar on car safety with world’s largest test centre

Carmaker expands testing to 27 categories at Ningbo facility to prioritise safety over discounts in a crowded market.

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