HK Stock Market Move | XIAOMI-W(01810) up more than 4% this month's cumulative buyback amount exceeds 1.2 billion Hong Kong dollars. Institutions point out that the company's valuation is attractive.

XIAOMI-W(01810) rose more than 4% in the afternoon, up 4.24% to 41.8 Hong Kong dollars, with a turnover of 5.66 billion Hong Kong dollars as of the time of publication. On the news front, on November 26, Xiaomi Group announced that it had repurchased 7.5 million shares at an average price of 40.14 Hong Kong dollars, with a total investment of over 300 million Hong Kong dollars. This is Xiaomi's fourth repurchase this month, with a total of 31.5 million shares repurchased this month, totaling over 1.2 billion Hong Kong dollars. Guotai Junan Securities (Hong Kong) recently pointed out in a research report that the company's long-term investment logic remains unchanged, Chairman Lei Jun's HK$100 million increase in holdings demonstrates firm confidence, and the first profitable quarter in the automotive business and high growth in the third quarter further validate the effectiveness of the "people-car-home" ecosystem strategy. As a dual leader in new energy vehicles and consumer electronics, the current stock price corresponds to a P/E ratio of only 15 times in 2027, making it attractive in value. According to reports, on November 26, former Tesla Optimus dexterous hand team member Lu Zeyu has joined the Xiaomi Siasun Robot & Automation team, responsible for dexterous hands. He expressed on his personal social platform that he hopes to accelerate the convergence and engineering implementation of dexterous hand technology with more like-minded outstanding students. On Lu Zeyu's personal social platform, he introduces himself as the head of dexterous hands at Xiaomi Siasun Robot & Automation.