---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/36728974.md"
description: "$XIAOMI-W(01810.HK)Posting about Xiaomi easily attracts haters, I've lost a lot on this stock historically. Occasionally jotting down my thoughts: Since its IPO, this company has taken far more from the market than it has contributed, doing so shamelessly and without hesitation. It recently did buybacks, which is positive, but don't forget how it raised billions from the market through a massive share placement at peak prices earlier this year. It's hard to be fully objective when evaluating something big, and this single point shouldn't be seen as a denial of Mr. Lei or Xiaomi as a company (or rather, they're still impressive and worthy of respect). But putting aside the positives, whether in their attitude toward capital markets or their marketing style, there's a clear bad smell (their biggest rival is the same).But whether we're investing or consuming, making a decision isn't about passing a test. Not choosing doesn't lose points; choosing wrong does. If there's enough of a bad smell, even if there are many excellent aspects elsewhere, keeping your distance and not choosing is still a good approach."
datetime: "2025-11-26T02:32:57.000Z"
locales:
  - [en](https://longbridge.com/en/topics/36728974.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/36728974.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/36728974.md)
author: "[晓风 morning_wind](https://longbridge.com/en/profiles/6620864.md)"
---

# $XIAOMI-W(01810.HK)Posting about Xiaomi easily att…


### Related Stocks

- [01810.HK](https://longbridge.com/en/quote/01810.HK.md)
- [81810.HK](https://longbridge.com/en/quote/81810.HK.md)
- [XIACY.US](https://longbridge.com/en/quote/XIACY.US.md)
- [HXXD.SG](https://longbridge.com/en/quote/HXXD.SG.md)

## Comments (91)

- **奥马哈的稻草人 · 2025-11-28T02:13:57.000Z**: If you are buying the long-term value of the company, I understand that a high-price additional issuance is not that important. What really matters is whether the money diluted by the high-price additional issuance can enhance the company's competitiveness and thus increase its intrinsic value.
- **资本甲 · 2025-11-26T06:10:28.000Z**: Stop talking, brainless Mi fans can't handle a single truth
- **阿桂_FM66 · 2025-11-26T05:50:00.000Z**: Has money for buybacks, but no money for dividends, just like his character
- **ACCCCCC · 2025-11-26T05:47:48.000Z**: Anyway, I won't buy Xiaomi's stock. Just learn from Musk.
- **JJsmally · 2025-11-26T04:57:46.000Z**: The temperament of Xiaomi and Lei Jun is bound together. It's like someone who is already very rich but still cares about a few dollars for parking when eating out.
- **纳斯达克小作手进行录 · 2025-11-26T04:55:29.000Z · 👍 1**: Lei Jun's financial skills are underestimated.How they issue additional shares or buy back in this market is their own business, and it's understandable within the rules.But I also saw Lei Jun in a speech talking about how Xiaomi bought 3.6 billion when the stock price crashed, saying that a great c
- **番茄大王 · 2025-11-26T04:23:25.000Z**: Pricing has a very important influencing factor, which is price comparison. When you don't know its value, besides horizontal comparisons, vertical comparisons of the same model across different industries also have some reference significance. Xiaomi at 30 yuan is already overvalued in my opinion, 
- **兵临城下(米) · 2025-11-26T03:55:36.000Z**: Why not let Lei Zi send the money directly to you, okay?
  - **幸运小机** (2025-11-26T04:06:40.000Z): Extreme fans have all come to Longbridge🥸
- **Frank · 2025-11-26T03:53:17.000Z**: But putting aside the advantages, there is a clear bad smell in both the attitude towards the capital market and the marketing style (the same goes for its biggest competitor).
- **Macintosh Lee · 2025-11-26T03:45:36.000Z · 👍 1**: Some are awakened, but the majority remain deluded. I always believe that when choosing brands for shopping or financial management, the legal department's style and reputation are important reference factors, such as whether the after-sales mechanism makes consumers comfortable and whether users ca
  - **兵临城下(米)** (2025-11-26T04:01:01.000Z): I suspect you're implying something about Huawei
  - **Macintosh Lee** (2025-11-26T04:08:03.000Z): 😆Chrysanthemums have two styles, both are quite disliked
- **Bella Lam · 2025-11-26T03:34:39.000Z · 👍 2**: Nonsense, the car released by Mi'er in August 2024 has already tripled in value this year.
- **不和趋势作对 · 2025-11-26T03:15:27.000Z · 👍 1**: Bad smell means there's a problem with corporate culture
  - **兵临城下(米)** (2025-11-26T04:01:38.000Z): Chrysanthemum?
- **酥油饼幺二幺三八 · 2025-11-26T03:14:24.000Z**: Damn it, I'm in trouble 😫😭
- **1号交易员 · 2025-11-26T03:01:48.000Z**: Thanks for your comment, it makes a lot of sense
- **大海无颜 · 2025-11-26T03:01:35.000Z · 👍 1**: It's hard to make money from Lei Jun, cashing out at highs and accumulating at lows with various operations. Repeatedly cutting his followers.
  - **雨、** (2025-11-26T05:02:16.000Z): I don't think it's right. Those who chase rising prices and sell off are mostly the ones being harvested. Buying whatever is likely to be harvested, but following Xiaomi's purchases actually made huge
  - **大海无颜** (2025-11-26T05:06:13.000Z): Many believers are so fanatical that they sell everything and max out leverage financing, and a batch gets buried when the price drops to 8 yuan once.
  - **雨、** (2025-11-26T05:07:59.000Z): Don't call them believers one after another, they are just gamblers everywhere.
- **hi后排 · 2025-11-26T02:59:03.000Z · 👍 3**: Welcome, boss, to leave a message. What I understand is that if there's a choice, don't buy Hong Kong stocks—it's like digging for gold in a cesspool. But with Stock Connect, there's no choice. I firmly believe in Xiaomi and remain patient. Give the East a little patience—after all, we don’t want it
  - **晓风 morning_wind** (2025-11-26T03:00:52.000Z): Extending this understanding to Hong Kong stocks is not what I meant. There are still good stocks in Hong Kong stocks/Stock Connect.
  - **Macintosh Lee** (2025-11-26T03:51:18.000Z): Agreed, there are fewer good stocks in Hong Kong compared to the US, but not none
  - **Macintosh Lee** (2025-11-26T03:55:28.000Z): Midea and Haier are both quite good in quality. Retail investors can steadily be their small shareholders and share the benefits with the company's bosses, executives, and institutions.
- **回本了的利姆鲁 · 2025-11-26T02:58:41.000Z · 👍 2**: What's being done is not a good business, with low profits and high investments. Moreover, the additional issuance at high prices is truly disgusting. At low prices, except for the first day's 500 million buyback, it has already been reduced to 100 million yesterday... The so-called 'rice haters' ar
- **小袁边走边吃 · 2025-11-26T02:52:04.000Z · 👍 2**: Xiaomi might only be worth 20 bucks without the car business😂😂. Those who support innovation won't like Xiaomi's cars - they have a bad reputation.
  - **兵临城下(米)** (2025-11-26T04:00:24.000Z): It seems you like Yao Yao leading
  - **小袁边走边吃** (2025-11-26T04:10:09.000Z): I like Tesla
- **大雪雪的交易员 · 2025-11-26T02:51:39.000Z · 👍 2**: That makes sense from a capital perspective. However, everything should be viewed the other way around. Going back to the core, what are we buying when we invest? If we believe we are buying a part of Xiaomi, seeing the future of China's tech manufacturing, and are willing to believe that Xiaomi wil
- **韭條悟 · 2025-11-26T02:50:20.000Z · 👍 2**: Former miboy said that my impression of Xiaomi is actually not bad, but it's limited to product consumption. I would stay away from such companies when it comes to investment.
  - **junadv** (2025-11-26T02:54:31.000Z): Black bars on the display, air pump battery is broken