---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42219424.md"
description: "$XIAOMI-W(01810.HK) Empty buyback promises + stock price has been declining steadily for half a yearEngaging in "verbal buybacks": Announce buybacks to stabilize the stock price, then delay them indefinitely and end up not buying a single share, followed by a steady decline in the stock price for over half a year:Zero purchases after the buyback plan was approved, while the actual controller sold shares, leading to a sustained weakening of the stock price for more than six months;• Many listed companies have seen buyback completion rates below 5%, followed by a continuous one-sided decline in their stock prices for half a year, leaving retail investors deeply trapped, with no choice but to file lawsuits for securities misrepresentation claims."
datetime: "2026-06-26T01:44:11.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42219424.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42219424.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42219424.md)
author: "[弱者道之用](https://longbridge.com/en/profiles/11367032.md)"
---

# $XIAOMI-W(01810.HK) Empty buyback promises + stock…


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- [01810.HK](https://longbridge.com/en/quote/01810.HK.md)
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## Comments (6)

- **木亦 · 2026-06-26T01:45:55.000Z**: Wasn't there an actual share repurchase? Huh?
  - **弱者道之用** (2026-06-26T01:46:32.000Z): That little money is called a buyback? Are you kidding me?
  - **木亦** (2026-06-26T01:47:15.000Z): So you still want to use up the 20 billion buyback in one go? What kind of logic is that?
  - **弱者道之用** (2026-06-26T01:47:40.000Z): The key is that the founder continues to reduce holdings, and the buyback is just a drop in the bucket.