Do you still remember Rebs’ bold words at the listing party? "We want investors who buy Xiaomi shares on the first day of listing to double their profits!" Now that two years have passed, Lei Jun’s bold words have finally come true.
On December 23, the share price of Xiaomi Group soared more than 8% during the session to a record high of HK $32.35, and the total market value exceeded 100 billion US dollars or HK $800 billion. As of the close, it rose 7.59% to HK $31.90, and the turnover was 10.344 billion Hong Kong dollars.
Lei Junhao said: Let investors who buy on the first day of listing make double the profit!
On July 9, 2018, Xiaomi listed on the Hong Kong Stock Exchange with an issue price of 17 Hong Kong dollars. At the celebration banquet, Rebs wanted to double the share price of investors who bought on the first day of listing. Now Xiaomi Group’s share price has exceeded 32 Hong Kong dollars, which is exactly double the lowest price of 16 yuan on the first day of listing.
Since the beginning of this year, although affected by the epidemic, Xiaomi’s performance in the first three quarters has exceeded market expectations, and Xiaomi’s share price has also risen all the way. Recently, Xiaomi mobile phones have also returned to the top three in global smartphone shipments, with sales in reverse order and even surpassing Apple. And the Double 11 event has lasted for more than 5 days. According to the data on JD.com, the biggest winner is also Xiaomi, so Xiaomi’s share price has also staggered and soared.
Although Xiaomi’s share price performance was sluggish after its listing, hovering around HK $10 for a long time, hitting a record low price of HK $8.28 on September 2, 2019. But starting from the fourth quarter of 2019, Xiaomi benefited from the unexpected performance and the expectation of 5G popularization dividend, and Xiaomi’s share price began to bottom out and enter an upward channel. Especially since the bottom of the global capital markets in March this year, Xiaomi has started a surge mode, soaring from HK $10 to HK $31.90.
Xiaomi Mi 11 will be released on December 28
Supported by strong performance, there has been a steady stream of positive news recently.
It is worth mentioning that this morning, Xiaomi CEO Lei Jun released an article on the official account saying that the Xiaomi Mi 11 series mobile phone will be officially released at 19:30 on the 28th of this month.
Xiaomi Mi 11 is a world-first model equipped with the Snapdragon 888 chip.
According to the latest official announcement from Xiaomi, Slogan is "light-packed" and will include at least two versions of Xiaomi Mi 11 and Xiaomi Mi 11 Pro. The standard version of Xiaomi Mi 11 is basically the same as the previously exposed news, and generally there will not be much difference, while the Xiaomi Mi 11 "super cup" with higher configuration in all aspects is still relatively mysterious.
In addition to the standard version of Xiaomi Mi 11, it is also expected to launch a much-watched "super cup" version. The biggest selling point of this machine is that it is expected to be equipped with an under-screen camera, but its release will not be until March next year.
The Xiaomi Mi 10 series model released at the beginning of this year is Xiaomi’s first entry into the high-end market, priced from 3,999 yuan to 6,999 yuan.
Xiaomi’s third quarterly report is eye-catching, and sales have returned to the top three in the world
On the evening of November 24th, Xiaomi Group (01810.HK) released its third-quarter financial report, during which Xiaomi achieved a revenue of 72.20 billion yuan, an increase of 35% year-on-year, and adjusted net profit of 4.10 billion yuan, an increase of 19% year-on-year, exceeding market expectations of 2.80 billion yuan.
The company achieved shipments of 47.10 million units in the third quarter, an increase of 44.6% year-on-year, returning to the top three in the world for the first time in six years, with a market share of 13.5%, and maintaining the highest growth rate among the top five mobile phone manufacturers in the world.
Xiaomi Group’s third-quarter report slightly exceeded market expectations, mainly due to the performance of mobile phone sales and profits in the European market exceeding guidelines. From the perspective of major indicators such as revenue, profit, cash flow, and profit margin, Xiaomi’s third-quarter report has set new highs since its listing, which is eye-catching. In the future, under the circumstance that Huawei’s 5G chips are still limited, we judge that Xiaomi is the main mobile phone manufacturer to undertake Huawei’s share and compete with Apple and Samsung in overseas markets, and will continue to gain excess market share.
Since the beginning of this year, although affected by the epidemic, Xiaomi’s performance in the first three quarters has exceeded market expectations, and Xiaomi’s share price has also risen all the way. Recently, Xiaomi mobile phones have also returned to the top three in global smartphone shipments, with sales in reverse order and even surpassing Apple. And the Double 11 event has lasted for more than 5 days. According to the data on JD.com, the biggest winner is also Xiaomi, so Xiaomi’s share price has also staggered and soared.
CICC recently released a research report to adjust the global smartphone share forecast in 2021. The bank maintained the global smartphone shipment in 2021 to 1.507 billion, an increase of 12.1% year-on-year. In terms of Xiaomi Group-W (01810), considering that the company’s overseas layout is relatively leading and the performance advantage is obvious, it is optimistic that Xiaomi can occupy the overseas mid-range and part of the high-end market share that Huawei is gradually withdrawing. Therefore, the bank maintained Xiaomi’s 2021 forecast 200 million department, growing by 51.5% year-on-year, ranking third in the world, and introduced the 2022 forecast 240 million department, growing by 20% year-on-year.
Xiaomi has a new move! Blockchain patents are coming
According to Tianyancha, Xiaomi Digital Technology Co., Ltd. recently published a blockchain-related patent application, titled "Method, device, readable storage medium and blockchain network for generating blockchain", and the patent publication number is CN112102081A.
The patent abstract shows that the present disclosure relates to a method, device, readable storage medium, and blockchain network for generating a blockchain, in order to increase the capacity of the blockchain.
According to Tianyancha, Xiaomi Digital Technology Co., Ltd. was established in December 2013. The legal representative is Hong Feng, with a registered capital of about 2.313 billion yuan. Its business scope includes electronic payment technology, payment and settlement technology and clearing system technology development, technology transfer, technology consultation, and technical services. It is wholly-owned by Xiaomi Commercial Factoring (Tianjin) Co., Ltd.
In fact, this is not the first time Xiaomi has tried blockchain. As early as April 2017, Xiaomi proposed a blockchain industry solution, aiming at "the interaction and collaboration of marketing big data", and the purpose is to open up the pain points of information islands that are common in the big data industry.
At the same time, Xiaomi also entered the 2018 Hurun Blockchain Innovation Enterprise Ranking TOP50 due to its application in digital marketing.
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