--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/41867385.md" description: "$XIAOMI-W(01810.HK) On Saturday, CEO Lei hosted a live stream from Yancheng testing the Xiaomi car, personally participating in high-speed tests exceeding 300 km/h. Thinking about it now, it's quite scary. If there had been any accident with the person or the car, the consequences would have been unimaginable. But after all, CEO Lei has a science background, and no one is willing to risk their life. The premise for doing this can only be that the Xiaomi car's quality is excellent, and CEO Lei understands that the probability of an accident is extremely low. What other manufacturers might see as a test requiring luck, Xiaomi sees as just another success among tens of millions of tests. Even so, even knowing the probability and quality, to verify the car, it would have been enough to have other drivers do a full live stream. Choosing to participate personally feels irrational to me; it must be based on a higher level of faith and pursuit beyond rationality. Recently, Xiaomi's stock price has been continuously weak, and the comment section was flooded last week. This may have been a major factor prompting the Yancheng live stream. Compared to playing games with buybacks at the capital level, CEO Lei chose a more extreme and direct way to shore up confidence at the fundamental level. Because information has a long-tail effect: it goes from disbelief, to seeing, to believing, from consensus to common sense. I've also watched some other manufacturers' launch events recently: a few pages of PPT, promotional videos, inviting a few big-name celebrities to talk, or so-called designers. You'll find that much of what Xiaomi is doing with its car is "beyond the syllabus." Before Xiaomi, everyone in business might have had an unspoken understanding that it wasn't necessary to go this far, and it seemed normal. In the future, the main difference with Xiaomi's car will be its pursuit of truth because it's targeting the international market from the start. All these 'beyond the syllabus' things will become its international reputation. Besides the car, there's still no clear news on chips, and large language models are developing rapidly. With multiple narratives running in parallel in the second half of this year, there's still some anticipation.Right now, I haven't even used up the free token plan for Mimo, and Mimo Code also has free ones. I'm just using these freebies, treating it like a dividend!" datetime: "2026-06-15T06:51:49.000Z" locales: - [en](https://longbridge.com/en/topics/41867385.md) - [zh-CN](https://longbridge.com/zh-CN/topics/41867385.md) - [zh-HK](https://longbridge.com/zh-HK/topics/41867385.md) author: "[龟派投资](https://longbridge.com/en/profiles/16154980.md)" --- # $XIAOMI-W(01810.HK) On Saturday, CEO Lei hosted a … ### Related Stocks - [01810.HK](https://longbridge.com/en/quote/01810.HK.md) - [XIACY.US](https://longbridge.com/en/quote/XIACY.US.md) - [81810.HK](https://longbridge.com/en/quote/81810.HK.md) - [HXXD.SG](https://longbridge.com/en/quote/HXXD.SG.md) ## Comments (16) - **Davidswc · 2026-06-17T08:49:41.000Z**: Lei Jun's livestreams always lead to price drops, he really shouldn't do them anymore! - **龙场悟道忘忧草 · 2026-06-16T03:53:28.000Z · 👍 1**: How much is StockPro floating in losses? The drawdown has already exceeded 50%. - **長野原烟花店交易员** (2026-06-16T03:57:32.000Z): That's what a main upward wave is like 😝 - **長野原烟花店交易员 · 2026-06-16T03:08:34.000Z**: It's very difficult to go long on the storage and main rising consumer electronics sector. - **亏大本 · 2026-06-15T09:16:50.000Z · 👍 3**: yu7's monthly sales have already failed to break 10,000 units. When all its future models also fail to reach 10,000 units, it will prove that you are misleading others. - **逍遥龙** (2026-06-15T09:51:05.000Z): Then just wait. - **亏大本** (2026-06-15T10:13:33.000Z): Are you a child? - **YTMS_1118_0303 · 2026-06-15T08:59:59.000Z**: The guts are really big, I haven't run the high ring yet. - **edent · 2026-06-15T08:55:28.000Z · 👍 6**: A family grocery-getter car doesn't focus on solidifying its technology but instead competes on who's the fastest every day. This is using the lives of car owners for promotion. Personally, I think Xiaomi's direction itself is problematic. - **逍遥龙** (2026-06-15T09:50:12.000Z): You tell me this isn't called technological accumulation? - **虎虎虎_2025** (2026-06-16T04:05:52.000Z): Tell me how much you lost - **ZhangC · 2026-06-15T08:03:01.000Z · 👍 1**: Could it be an act? If I had even a thousandth of his net worth, I wouldn't ride in a car going over 200 km/h 😟 - **Macintosh Lee** (2026-06-15T08:10:55.000Z): When I drive alone, I can speed up to 190km/h for a few minutes of fun, but if there are passengers, or it's someone else's car, or someone else is driving, I wouldn't dare... - **OK321 · 2026-06-15T07:04:50.000Z · 👍 1**: 300 km/h speed tests are safer than you crossing the street. Do you really think car manufacturers wouldn't consider these safety aspects in their testing? - **达达尼昂888888 · 2026-06-15T06:56:54.000Z**: The free Mimo expired in less than an hour yesterday, so I quickly subscribed to a month of Lite. 😂 - **龟派投资** (2026-06-15T06:58:17.000Z): MiMo-Code, MiMo-V2.5 is free for a limited time, grab it now