---
title: "Xiaomi, BYD, and others have launched \"blood replenishment\" plans, with the scale of refinancing in the Hong Kong stock market exceeding HKD 100 billion this year"
description: "Xiaomi Corporation and BYD Company Limited have recently launched refinancing plans, with the refinancing scale in the Hong Kong stock market exceeding HKD 110 billion, far surpassing the IPO financin"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/233350361.md"
published_at: "2025-03-26T22:22:29.000Z"
---

# Xiaomi, BYD, and others have launched "blood replenishment" plans, with the scale of refinancing in the Hong Kong stock market exceeding HKD 100 billion this year

> Xiaomi Corporation and BYD Company Limited have recently launched refinancing plans, with the refinancing scale in the Hong Kong stock market exceeding HKD 110 billion, far surpassing the IPO financing amount. Xiaomi raised approximately HKD 42.5 billion by placing 800 million shares, while BYD completed an H-share placement of HKD 43.5 billion. Industry insiders pointed out that the Hong Kong stock market is an important channel for high-quality companies to refinance, especially for high-tech enterprises in terms of research and development and global expansion needs

On the morning of March 25th, Xiaomi Corporation announced that it would allocate 800 million shares through a "first old, then new" method, raising approximately HKD 42.5 billion. Previously, on March 4th, BYD COMPANY announced the completion of an H-share placement plan amounting to HKD 43.5 billion. According to industry insiders cited by the Shanghai Securities Journal, the Hong Kong stock market is a "fertile ground" for high-quality enterprises to refinance. Since the beginning of this year, the scale of refinancing in the Hong Kong stock market has exceeded HKD 110 billion, far surpassing the amount raised through IPOs. High-tech enterprises have high R&D investments and accelerated global layouts, making refinancing an important channel for companies to "replenish blood."

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.