---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/40322961.md"
description: "$XIAOMI-W(01810.HK) Now both of its main businesses have turned bad. Memory prices remain high, profits from volume-driven models have dropped significantly, it can't succeed in the high-end market, and the automotive business is also on a downward slope. It's a double whammy."
datetime: "2026-04-30T12:14:12.000Z"
locales:
  - [en](https://longbridge.com/en/topics/40322961.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/40322961.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/40322961.md)
author: "[Usagi的成长历险记](https://longbridge.com/en/profiles/11760524.md)"
---

# $XIAOMI-W(01810.HK) Now both of its main businesse…


### Related Stocks

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

## Comments (16)

- **Macintosh Lee · 2026-04-30T13:13:51.000Z**: Watching the stocks of someone you dislike evaporate by half in just a few days is so satisfying.
- **Macintosh Lee · 2026-04-30T13:11:36.000Z**: 🤣Who can't stand who, just keep hyping and moving big money to hold tickets for domestic self-developed cars
- **Macintosh Lee · 2026-04-30T12:58:33.000Z**: It is on record that over a hundred car companies have gone bankrupt in recent years. Some say they were purely for defrauding financing and subsidies, others say they were for defrauding land and then refinancing. In short, the endings were either absconding or being thrown in jail. There's one fat
- **Macintosh Lee · 2026-04-30T12:44:01.000Z**: It's considered merciful if it takes more than half a year for the stock to halve, giving small retail investors time to consider whether to average down or cut losses and exit. 😅 Wait patiently and see, as for that bunch of other stocks, just watch which one blows up first, and then they all get n
- **Macintosh Lee · 2026-04-30T12:36:03.000Z**: The automotive industry had already passed the critical point of oversupply back in 2019. Just think about how much capacity has grown insanely over the past 7 years and how severe the situation has become.
- **那什么拯救一只垃圾股 · 2026-04-30T12:31:53.000Z**: There are too many SKUs, and we want to do them all, just like Vancl, but in the end, they all become scrap.
  - **小米，美团还钱** (2026-04-30T12:59:27.000Z): If Xiaomi hadn't entered the car business, it would definitely be in a tough spot now.
  - **那什么拯救一只垃圾股** (2026-04-30T13:07:39.000Z): On the other hand, just as bro Lee said, if they hadn't made cars and the bubble wasn't so big, they probably wouldn't have fallen this much.
  - **小米，美团还钱** (2026-04-30T13:09:06.000Z): His car release is really slow, that large SUV could capture a lot of market share...