Xiaomi's great change: share price breaking, Lei Jun leaving?

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In 2022, the share price of $XIAOMI-W(01810)$ has fallen below the issue price of HK $17, and there are more problems:

  • Global sales fell to third place, overtaken by $Apple(AAPL)$
  • Two vice presidents of the group, Chang Cheng and Shang Jin, left for personal reasons.
  • Lei Jun, founder of Xiaomi group, withdrew from relevant positions in several affiliated companies since December last year.

​​Investors ran to Lei Jun's $Weibo(WB)$ and cried:

"Lei Zong, Xiaomi's share price should be supported! I lost 400,000 ¥, bought a bunch of millet products to support, but the share price fell all the way...😱

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On January 28, Lei Jun responded to his resignation remarks, saying:

Xiaomi Group has many subsidiaries, and the adjustment of the board of directors and legal representatives of subsidiaries is very normal, so you need not misunderstand.

Some people think

Lei Jun said, Xiaomi Automobile is its last venture Since it is a business, it is necessary to invest all the time and energy. If Xiaomi automobile can succeed, the dual business of mobile phone + electric vehicle is definitely more than this market value.

......

Finally, let's talk:

  • What do you think of Xiaomi breaking again?
  • Will you buy Xiaomi's stock?

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  • moniestree
    ·2022-02-08
    Is a very progressive company
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  • 百汇
    ·2022-02-08
    雷军在财报发布会上愿现了理想,股价虽下跌,到底部应该可以入些吧?观望中...[暗中观察]
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  • cheazle
    ·2022-02-08
    Awesome
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  • hd87
    ·2022-02-08
    I do not seem to have a strong conviction to buy the shares at this stage because there are better other good fundamental great stocks. Nevertheless, it will be under my watchlist.
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  • MengKeng
    ·2022-02-08
    Still bullish about Xiaomi, just that CN government is controlling it, will definitely rise in the long term, just have to be patient
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  • Anzygart
    ·2022-02-08
    Stock price is lagging and indicates poor performance. I would not buy here
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  • balm
    ·2022-02-08
    will consider buying, on the uptrend long term
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  • Lostinroom
    ·2022-02-08
    I am afraid to buy Chinese company stock. When their gov said you are dangerous, price will slide down
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  • Henryee18
    ·2022-02-08
    Gosh. The products are good, just that lacking of something…
    Overall, i think it will not be going any lower nor higher, will wait for something to induce the momentum.
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  • 不是小米手机或产品不行,是老板做生意没有酱很出色!!!就好比一间餐馆,食物很好吃又不贵,但是服务普通,老板也只会躲在橱房研究新菜色,结果到最后食物再好吃,也只能留着对食物有要求那20%的顾客,剩下那80%客人永远都留不到。。。。现在活在这肤浅的年代,你没有捉到那80%现代人的死穴!!!就算你的手机会飞、性价比再高。。。也很难爬上手机销售第一 [心碎]
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  • Big Cat
    ·2022-02-09
    Its history price got as low as $8+

    I think its business is not doing that well from what I analyst from its report.
    Still got the US-China tension thing [Speechless]
    Well,maybe China gov. will help?

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  • hj489
    ·2022-02-08
    Currently Xiaomi need to play catch up to increase market share than price could follow.
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  • setia100
    ·2022-02-08
    Xiaomi tries to deleverage from too depending on handphone sales to other consumer products... The strategy seems working. Investors still ties it to handphone sales. Worth buying when dust settles.🤔
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  • Humbly
    ·2022-02-08
    Mobile phones may become obsolete in future and it is inevitable that Xiaomi has to search for a new engine of growth. If u believe in Lei Jun's ability, this is a chance to buy after the correction.
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  • Joker_Smile
    ·2022-02-08
    i am not looking to buy, but looking at their future appointments and steps taken to bring them to greater heights before deciding to buy a fallen giant.
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  • RXU
    ·2022-02-08
    i use many of their products. They are of gd value. Given their good work, i am as upset that it is not reflected in their share price. finger crossed that it is just weighed down by overall HK mkt
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  • diggydog
    ·2022-02-10
    I still believe in $XIAOMI-W(01810). They have good, wide range, and affordable products, one of market leader, and also profitable. The valuation is very cheap, scream buy price.
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  • Kingcat
    ·2022-02-10
    current price looks attractive but competition is also intense in this industry. not going in yet, other China stocks like $Alibaba(BABA)$ is more likely to go up for now
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  • Droff
    ·2022-02-09
    It is all time low price for xiaomi. They need to keep the price stable before 2024. When the ev car starts selling.
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  • Kyesu
    ·2022-02-08
    More products and options, it's good for consumers
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