--- title: "Xiaomi Corporation: Cash reserves at the end of June amounted to 141 billion yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/212133371.md" description: "Xiaomi Corporation announced that, as of June 30, 2024, it had cash reserves of RMB 141 billion. The company is also actively repurchasing shares in the open market, having obtained board approval on June 6, 2024, for a HKD 10 billion repurchase quota. The amount of shares repurchased this year has reached approximately HKD 3.68 billion, equivalent to about 248 million shares" datetime: "2024-08-21T09:47:35.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/212133371.md) - [en](https://longbridge.com/en/news/212133371.md) - [zh-HK](https://longbridge.com/zh-HK/news/212133371.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/212133371.md) | [繁體中文](https://longbridge.com/zh-HK/news/212133371.md) # Xiaomi Corporation: Cash reserves at the end of June amounted to 141 billion yuan Xiaomi Corporation announced that, as of June 30, 2024, its cash reserves amounted to RMB 141 billion. The company is also actively repurchasing shares in the open market, with a HKD 10 billion repurchase quota approved by the board on June 6, 2024. The amount of share repurchases this year has reached approximately HKD 3.68 billion, equivalent to around 248 million shares ### Related Stocks - [XIAOMI-WR (81810.HK)](https://longbridge.com/en/quote/81810.HK.md) - [XIAOMI-W (01810.HK)](https://longbridge.com/en/quote/01810.HK.md) - [Xiaomi Corporation (XIACY.US)](https://longbridge.com/en/quote/XIACY.US.md) ## Related News & Research - [Tesla China Demand Faces More Pressure: New Rival Premium EV Hits 15,000 Orders In 34 Minutes](https://longbridge.com/en/news/280672221.md) - [Xiaomi kicks off upgraded SU7 deliveries, signs major China track deals](https://longbridge.com/en/news/280090365.md) - [Where Will Tesla Stock Be in 5 Years?](https://longbridge.com/en/news/281391876.md) - [Nvidia Stock (NVDA) Braces for a Quick Snapback after a Rare Two-Quarter Losing Streak](https://longbridge.com/en/news/281360100.md) - [Nvidia Makes Equity Investment In Marvell Technology, Deepens NVLink Fusion Partnership](https://longbridge.com/en/news/281388869.md)