He Xiaopeng responded to making a lot of money on Xiaomi's stock: I have never sold it and think there is still a lot of upside.

During the Hong Kong car show, Xiaopeng Motors' chairman He Xiaopeng was asked by the media whether he had made a lot of money on Xiaomi's stock. He Xiaopeng replied, "I haven't sold any. I think there is still a lot of room for growth, and I continue to have a long-term positive outlook on Xiaomi's stock price." It is understood that when Xiaomi's stock price fell, He Xiaopeng spent over 100 million US dollars buying Xiaomi's stock. He finally made money on Xiaomi's stock and said, "I am very happy, so persistence is very important." It is reported that Xiaomi Group was listed on the Hong Kong stock market in July 2018 at an issue price of 17 Hong Kong dollars per share. Currently, Xiaomi's stock price has risen to 53 Hong Kong dollars. Roughly calculated, if He Xiaopeng purchased 100 million U.S. dollars worth of Xiaomi stock when the stock price fell, and did not reduce his holdings, the return on investment would be as high as 211%, with a floating profit of 211 million U.S. dollars.