---
title: "06.22 Xiaomi stock price 23, heavy downpour"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42043899.md"
description: "Today, Xiaomi 23 is even more extreme than the worst-case scenario imagined last year: not only has the stock price dropped to this point, but the trend has been almost entirely downward with no rebound at all. Compared to last year, the various comment sections for Mi are now a completely different world. Many people's confidence has been shattered, even Pan Ge and others can't hold on anymore. But I'm still holding on to the end. Since I didn't sell when it was rising, I definitely won't sell when it's falling. Just consider my assets frozen for this period. Two reasons for holding the position: 1. The market is extremely abnormal. When something unusual happens, there must be a reason. Right now, it's just AI production-related stocks rising on their own momentum, while many other sector stocks are falling..."
datetime: "2026-06-22T06:56:13.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42043899.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42043899.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42043899.md)
author: "[龟派投资](https://longbridge.com/en/profiles/16154980.md)"
---

# 06.22 Xiaomi stock price 23, heavy downpour

Today, Xiaomi is at 23, which is even more extreme than the extreme scenario imagined last year: not only has the stock price fallen to this point, but the trend has been almost entirely downward, with no rebound at all.

Compared to last year, the various comment sections for Xiaomi nowadays are a different world. Many people have lost their conviction, even the 'Pan Ge' (a nickname) and others can't hold on anymore.  
But I'm still holding on to fight to the end. Since I didn't sell during the rise, I won't sell during the fall either. I'll just consider my assets frozen for this period.

## Two Reasons for Holding the Position

### 1\. The market is extremely abnormal; there must be something fishy when things are this unusual.

Right now, it's just the AI production-side related stocks rising on their own momentum, while many other sector stocks are falling. I completely don't understand why they can rise to this market cap. I can't make money from this type, and it can't trap me either.

I believe that often the big truths are simple. For the AI business to form a closed loop, besides the production side, it also needs a consumption side with products and users willing to pay to sustain its market value. Although Xiaomi has no advantage on the production side, it benefits from the massive ecosystem of 'People, Cars, Home' devices. The AI consumption side clearly has potential, and the massive device base provides high-quality training data and scenario demands, creating a swarm effect and potentially a flywheel effect. It's just that the market hype is on the production side, and the consumption side isn't being priced in. But in the future, for business, if there's production, there must be consumption.

### 2\. Believe in those people and those dreams.

I'm optimistic about this group of people and the direction they are striving for. Today, President Hu brought more good news about Xiaomi's autonomous driving at the Nürburgring. This year, it's not just about cars; Mimo is also making rapid breakthroughs. This year might be a year of relatively fast technological and product breakthroughs for Xiaomi, and also a year to break free from inertia and fight hard after the traditional business faced pressure. Currently, they are continuously breaking through. Even if they are to lose later, they should lose on the racetrack, product quality, and market acceptance. We should face it honorably, not fall on the numbers game of finance.

## Recent Operations

If the shorts want to play the numbers game, I'll play the numbers game with them, turning their scheme against them. Since I can't expect a rise, I'll hope they smash it a bit lower, and then add to my position at 20, 15.

$XIAOMI-W(01810.HK)

### 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 (23)

- **买什么多看三天 · 2026-06-23T04:23:46.000Z**: You mean: Hundreds or even thousands of NVIDIA computing clusters training AI are not as fast or effective as Xiaomi's refrigerators, TVs, and air conditioners. I see.So Xiaomi home appliances are all computing cards!
- **拉里·芬乐 · 2026-06-23T01:41:24.000Z · 👍 1**: Simple and stupid
- **吃饭睡觉骂马斯克 · 2026-06-23T01:38:05.000Z · 👍 1**: Bro, still haven't woken up yet?
- **万山红 · 2026-06-23T01:09:35.000Z · 👍 1**: StockPro has become your shackles. When you have this kind of unrealistic fantasy about investing, you're already beyond saving. Xiaomi's fundamentals are weak. Just take the recent earnings report as an example—it's a downward trend all the way. You tell me, would capitalists buy it? Now, with stor
- **知行合一「價值」 · 2026-06-22T11:44:46.000Z**: Too difficult
- **鱼板 · 2026-06-22T11:16:34.000Z · 👍 1**: Self-deception 😂
- **吕子乔c · 2026-06-22T09:07:27.000Z · 👍 1**: It's hopeless. Memory prices are skyrocketing, how can Xiaomi still have any profit? It's definitely going to keep falling.
- **Jason1984 · 2026-06-22T07:51:47.000Z · 👍 1**: Why not choose to short sell? It's really hard to understand. When the stock price was in the 40~50 range, many stock friends in the group suggested shorting, but the group owner was creating and loudly advocating a bullish narrative. For investing, the most taboo is being emotional and not paying a
- **亏大本 · 2026-06-22T07:44:28.000Z · 👍 1**: Cars, AI, and robots, at their core, all bear the shadow of others. The stock price reaching $18 is no joke.
  - **啊？哥你这是八位数啊** (2026-06-22T12:26:43.000Z): Great🥹! Let it drop! I want to average down, best if the short sellers drive it to 15
- **今晚打老虎Zzz · 2026-06-22T07:41:53.000Z · 👍 1**: In the consumer electronics sector, persistently high costs continue to compress profits, and flagship products like smartphones, computers, and tablets are seeing their repurchase rates and user stickiness negatively impacted by subpar user experiences.Even setting numerous records on the Nürburgri
- **Macintosh Lee · 2026-06-22T07:29:30.000Z · 👍 1**: On the production side, it's still the same few top-tier companies coming and going, and it's them who are increasing production and capacity... Unfortunately, the consumption side is not like that. Every Tom, Dick, and Harry flocks in to get a piece of the pie. The most classic example is a rodenti
- **周五的星期五 · 2026-06-22T07:25:25.000Z**: Does StockPro's short selling offset the risk of decline? Or is it configured to absorb the losses on this side?
  - **Jason1984** (2026-06-22T09:19:24.000Z): How could he have this level of skill? He's just hanging on to Xiaomi, and it's estimated that Xiaomi will only have a chance to break even by riding the next wave of opportunity in 5 years.
- **在中概里惨痛悟道 · 2026-06-22T07:15:04.000Z · 👍 1**: Hahaha 😂 Even StockPro is no longer bullish. Indeed, with this kind of trend, there won't be any bulls left.
- **虾仁 · 2026-06-22T07:12:41.000Z · 👍 4**: The biggest taboo in investing is falling in love with a stock!
  - **龟派投资** (2026-06-22T07:16:12.000Z): Well, these are all personal opinions, for reference only. Investment decisions should still be made by yourself.
  - **虾仁** (2026-06-22T07:33:08.000Z): I'm not saying you're wrong, but rather describing a phenomenon. If I'm mistaken, I apologize in advance.I saw a book a few days ago, and many people make a mistake. They tend to favor buying domestic
  - **kuiba** (2026-06-22T17:05:48.000Z): That's so true. Pain makes the body release hormones to numb the brain, ignoring the impending avalanche. It's like praying for a savior to come, but the only one who can save you is yourself.
- **黑金 · 2026-06-22T07:07:03.000Z · 👍 1**: Which group of people to trust? Which dreams to believe in? Changing places to raise money and still believing in it
- **彼得.林奇的交易员Jeff · 2026-06-22T07:05:07.000Z · 👍 2**: StockPro is in a tough spot, between a rock and a hard place.
  - **龟派投资** (2026-06-22T07:17:48.000Z): “Face the storm”
- **全红常盈 · 2026-06-22T07:04:57.000Z**: Wait for it to drop two more price levels before buying in.