--- title: "[Strategic Cooperation] Alibaba and Xiaomi have reached a strategic cooperation, but the stock prices moved in opposite directions this morning. Those optimistic about the cooperation may pay attention to Alibaba call 23110/Xiaomi call 24445" type: "News" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/273164743.md" description: "Alibaba and Xiaomi have reached a strategic cooperation, with Alibaba's stock price rising over 2% in early trading, while Xiaomi's stock price fell nearly 2%. Alibaba's AliExpress will provide Xiaomi with traffic, marketing, and logistics support, focusing on expanding into the European, Southeast Asian, and Middle Eastern markets. Investors may pay attention to Alibaba call warrants and Xiaomi call warrants, with exercise prices of 201.08 yuan and 45.02 yuan, respectively, both expiring in May 2026. If bearish on Xiaomi's stock price, consider Xiaomi put warrants with an exercise price of 29.86 yuan, expiring in July 2026" datetime: "2026-01-21T02:58:44.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/273164743.md) - [en](https://longbridge.com/en/news/273164743.md) - [zh-HK](https://longbridge.com/zh-HK/news/273164743.md) --- > 支持的语言: [English](https://longbridge.com/en/news/273164743.md) | [繁體中文](https://longbridge.com/zh-HK/news/273164743.md) # [Strategic Cooperation] Alibaba and Xiaomi have reached a strategic cooperation, but the stock prices moved in opposite directions this morning. Those optimistic about the cooperation may pay attention to Alibaba call 23110/Xiaomi call 24445 Alibaba's stock price rose this morning against the market trend, peaking at over 2%. Reports indicate that Alibaba's AliExpress has reached a strategic cooperation with Xiaomi International, with Xiaomi joining the "Super Brand Overseas Program." Its smartphones, televisions, and other products will receive traffic, marketing, logistics, and localized operational support on AliExpress, focusing on expanding into markets in Europe, Southeast Asia, and the Middle East. If you are optimistic about Alibaba's platform sales growth, you may consider the call warrant (23110), with an exercise price of HKD 201.08, expiring in May 2026, with an actual leverage of 7.5 times. However, Xiaomi performed weakly this morning, with its stock price dropping nearly 2%. If you remain optimistic about Xiaomi's overseas sales, you may pay attention to the Xiaomi call warrant (24445), with an exercise price of HKD 45.02, expiring in May 2026, with an actual leverage of 8.1 times. If you continue to view the stock price weakly, you may consider the Xiaomi put warrant (23111), with an exercise price of HKD 29.86, expiring in July 2026, with an actual leverage of 5 times. Disclaimer This structured product is not collateralized. 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