<p><strong>小米在週五的交易中股價上漲了 2%，這是因為該公司宣佈了一項價值 25 億港元（約合 3.21 億美元）的股票回購計劃。該計劃是公司在電動車和智能手機領域面臨日益激烈的競爭和組件成本上升的情況下，努力安撫投資者的一部分。</strong></p>
<p>小米是一家中國科技公司，生產智能家居設備、電動車和智能手機，已宣佈一項價值 25 億港元（約合 3.21 億美元）的股票回購計劃。</p>
<p>該計劃是公司在競爭加劇、組件成本上升和安全隱患日益顯現的情況下，努力提升股價和安撫投資者的一部分。</p>
<h3>小米宣佈股票回購計劃後股價飆升</h3>
<p><img src="https://imageproxy.pbkrs.com/https://www.cryptopolitan.com/wp-content/uploads/2026/01/Xiaomis-stock-performance-year-to-date.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://www.cryptopolitan.com/wp-content/uploads/2026/01/Xiaomis-stock-performance-year-to-date.jpg"/></p>
<p>小米今年以來的股價表現。來源：Google Finance</p>
<p>該公告導致公司股價在週五的交易中上漲了 2%。然而，自年初以來，股價表現不佳。根據 Google Finance 的數據，小米在香港證券交易所的股票代碼為 1810，今年以來下跌了 10%，在過去六個月中下跌了 38%。</p>
<p>這並不是小米第一次通過回購股票來提升股東價值。最近的回購是公司自通過回購授權決議以來執行的一系列股票回購計劃的一部分。</p>
<p>根據該決議，小米在最近的公告之前已回購了 0.66% 的已發行股份，代表 1.7 億股。其最新的回購計劃發生在 2026 年 1 月 13 日，當時公司回購了 400 萬股，花費了 1.52 億港元。</p>
<p>小米最近在週四向香港證券交易所提交的文件顯示，自動股票回購計劃將於 1 月 23 日開始，並將根據監管要求和市場現狀實施。</p>
<p>批評者認為，股票回購計劃通常會提升股價，但並不會改善公司的運營或商業模式。</p>
<p>分析師將公司近期的下滑歸因於內存芯片短缺帶來的壓力，這增加了其產品的組件成本。</p>
<p>晨星的高級股票分析師 Dan Baker 表示，內存芯片短缺 “導致智能手機制造商的利潤壓縮，幾位獨立行業預測者已下調了對智能手機的前景預期。”</p>
<p>隨着年末的臨近，短缺情況預計將加劇，因為芯片製造商已將重點轉向人工智能行業日益增長的內存需求。</p>
<p>去年，由於涉及其電動車的事故報道在社交媒體上廣泛傳播，公司股價也大幅下跌。隨着中國電動車市場競爭的加劇，公司還面臨着顯著的價格戰挑戰。這種競爭加大了整個行業的利潤壓力。</p>
<h3>小米的交付目標引發研究人員的擔憂</h3>
<p>Cryptopolitan 最近報道，小米計劃在 2026 年交付 55 萬輛電動車。這個目標比其為 2024 年設定的 41 萬輛有顯著增加。儘管在 SU7 事故後面臨更嚴格的監管審查，公司仍然成功達成了年度目標。</p>
<p>花旗研究的中國科技分析師 Kyna Wong 對小米 2026 年 550,000 輛的交付目標表示深切擔憂，稱由於今年北京的電動車補貼政策變化，公司車輛交付的利潤率可能會回落。</p>
<p>在不確定性中，小米將其投資策略集中在長期可持續性上，通過資助內部半導體部門進行投資。公司承諾在未來十年內對該部門投資 500 億元人民幣（約合 69 億美元），從 2025 年開始。小米還計劃在未來幾年內在全球範圍內擴展其電動車業務，繼推出其高端 SU7 Ultra 後。</p>
<p>如果你正在閲讀這篇文章，你已經走在前面。請通過我們的新聞通訊保持領先。</p>

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<p>小米宣佈了一項高達 25 億港元（3.21 億美元）的股票回購計劃，以安撫在競爭加劇和組件成本上升背景下的投資者。公告發布後，小米的股價上漲了 2%，儘管年初至今仍下跌了 10%。該回購計劃是提升股東價值的一系列回購措施的一部分。分析師將小米近期股價下跌歸因於內存芯片短缺和電動車市場競爭加劇。儘管由於補貼政策變化對利潤率的擔憂，該公司計劃到 2026 年交付 55 萬輛電動車</p>

<p><strong>Xiaomi saw its stock rise by 2% in trading on Friday after the company announced a share buyback program worth HK$2.5 billion ($321 million). The program is part of the company’s efforts to reassure investors amid rising competition and component costs in the EV and smartphone sectors.</strong></p>
<div class="lb-trans"><p><strong>小米在週五的交易中股價上漲了 2%，這是因為該公司宣佈了一項價值 25 億港元（約合 3.21 億美元）的股票回購計劃。該計劃是公司在電動車和智能手機領域面臨日益激烈的競爭和組件成本上升的情況下，努力安撫投資者的一部分。</strong></p>
</div><p>Xiaomi, a Chinese tech company that manufactures smart home devices, electric vehicles, and smartphones, has announced a share buyback program worth HK$2.5 billion or approximately $321 million.</p>
<div class="lb-trans"><p>小米是一家中國科技公司，生產智能家居設備、電動車和智能手機，已宣佈一項價值 25 億港元（約合 3.21 億美元）的股票回購計劃。</p>
</div><p>The program is part of the company’s efforts to boost its stock value and reassure investors amid rising competition, higher component costs, and emerging safety concerns.</p>
<div class="lb-trans"><p>該計劃是公司在競爭加劇、組件成本上升和安全隱患日益顯現的情況下，努力提升股價和安撫投資者的一部分。</p>
</div><h3>Xiaomi stock surges after the company announced a share buyback program</h3>
<div class="lb-trans"><h3>小米宣佈股票回購計劃後股價飆升</h3>
</div><p><img src="https://imageproxy.pbkrs.com/https://www.cryptopolitan.com/wp-content/uploads/2026/01/Xiaomis-stock-performance-year-to-date.jpg" alt="" original-src="https://www.cryptopolitan.com/wp-content/uploads/2026/01/Xiaomis-stock-performance-year-to-date.jpg"/></p>
<p>Xiaomi’s stock performance year to date. Source: Google Finance</p>
<div class="lb-trans"><p>小米今年以來的股價表現。來源：Google Finance</p>
</div><p>The announcement caused the company’s share price to surge by 2% in trading on Friday. However, the stock has not been performing well since the start of the year. According toGoogle Finance, Xiaomi, which trades under the ticker symbol 1810 on the Hong Kong Stock Exchange, is down 10% year-to-date and has declined 38% over the last six months.</p>
<div class="lb-trans"><p>該公告導致公司股價在週五的交易中上漲了 2%。然而，自年初以來，股價表現不佳。根據 Google Finance 的數據，小米在香港證券交易所的股票代碼為 1810，今年以來下跌了 10%，在過去六個月中下跌了 38%。</p>
</div><p>This is not the first time Xiaomi has repurchased its own stock to boost shareholder value. The recent purchase is part of a series of share buyback programs that the company has executed since it passed the repurchase authorization resolution.</p>
<div class="lb-trans"><p>這並不是小米第一次通過回購股票來提升股東價值。最近的回購是公司自通過回購授權決議以來執行的一系列股票回購計劃的一部分。</p>
</div><p>Under the resolution, Xiaomi has repurchased 0.66% of its issued shares, representing 170 million shares, before the recent announcement. Its latest repurchase program occurred on January 13, 2026, when the company repurchased 4 million shares for HK$152 million.</p>
<div class="lb-trans"><p>根據該決議，小米在最近的公告之前已回購了 0.66% 的已發行股份，代表 1.7 億股。其最新的回購計劃發生在 2026 年 1 月 13 日，當時公司回購了 400 萬股，花費了 1.52 億港元。</p>
</div><p>Xiaomi’s recent filing with the Hong Kong Stock Exchange on Thursdayreveals that the automatic share buyback program will commence on January 23 and be implemented in accordance with regulatory requirements and prevailing market conditions.</p>
<div class="lb-trans"><p>小米最近在週四向香港證券交易所提交的文件顯示，自動股票回購計劃將於 1 月 23 日開始，並將根據監管要求和市場現狀實施。</p>
</div><p>Critics argue that share buyback programs typically boost share prices but do not improve a company’s operations or business model.</p>
<div class="lb-trans"><p>批評者認為，股票回購計劃通常會提升股價，但並不會改善公司的運營或商業模式。</p>
</div><p>Analysts credit the company’s recent decline to looming pressure from memory chip shortages, which have increased component costs for its products.</p>
<div class="lb-trans"><p>分析師將公司近期的下滑歸因於內存芯片短缺帶來的壓力，這增加了其產品的組件成本。</p>
</div><p>Dan Baker, senior equity analyst at Morningstar, said that the memory chip shortage has “caused margin compression for smartphone manufacturers and several independent industry forecasters have lowered their outlook for smartphones.”</p>
<div class="lb-trans"><p>晨星的高級股票分析師 Dan Baker 表示，內存芯片短缺 “導致智能手機制造商的利潤壓縮，幾位獨立行業預測者已下調了對智能手機的前景預期。”</p>
</div><p>The shortage is expected to worsen as the year progresses, as chip manufacturers have shifted their focus to the growing memory demands of the AI industry.</p>
<div class="lb-trans"><p>隨着年末的臨近，短缺情況預計將加劇，因為芯片製造商已將重點轉向人工智能行業日益增長的內存需求。</p>
</div><p>The company’s share price also tanked last year after reports of accidents involving its electric vehicles went viral on social media. The company has also faced significant price-war challenges as competition in China’s EV market expanded. The increased competition put significant pressure on margins across the sector.</p>
<div class="lb-trans"><p>去年，由於涉及其電動車的事故報道在社交媒體上廣泛傳播，公司股價也大幅下跌。隨着中國電動車市場競爭的加劇，公司還面臨着顯著的價格戰挑戰。這種競爭加大了整個行業的利潤壓力。</p>
</div><h3>Xiaomi’s unit delivery target raises concerns among researchers</h3>
<div class="lb-trans"><h3>小米的交付目標引發研究人員的擔憂</h3>
</div><p>Cryptopolitan recentlyreported that Xiaomi plans to deliver 550,000 electric vehicles in 2026. The target is a significant increase from the 410,000 units it set for 2024. The company managed to hit its year’s target despite increased regulatory scrutiny following the SU7 crashes.</p>
<div class="lb-trans"><p>Cryptopolitan 最近報道，小米計劃在 2026 年交付 55 萬輛電動車。這個目標比其為 2024 年設定的 41 萬輛有顯著增加。儘管在 SU7 事故後面臨更嚴格的監管審查，公司仍然成功達成了年度目標。</p>
</div><p>Kyna Wong, a China technology analyst at Citi Research, expressed deep concerns about Xiaomi’s modest 550,000-unit vehicle delivery target for 2026, saying that profit margins on the company’s vehicle deliveries are likely to scale backwards due to changes to Beijing’s EV subsidy policies this year.</p>
<div class="lb-trans"><p>花旗研究的中國科技分析師 Kyna Wong 對小米 2026 年 550,000 輛的交付目標表示深切擔憂，稱由於今年北京的電動車補貼政策變化，公司車輛交付的利潤率可能會回落。</p>
</div><p>Amid the uncertainty, Xiaomi has centered its investment strategy on long-term sustainability by funding an internal semiconductor division. The company pledged a 50 billion yuan (roughly $6.9 billion) investment in the division over a decade, starting in 2025. Xiaomi also plans to expand its electric vehicles business globally over the next few years, following the launch of its premium SU7 Ultra.</p>
<div class="lb-trans"><p>在不確定性中，小米將其投資策略集中在長期可持續性上，通過資助內部半導體部門進行投資。公司承諾在未來十年內對該部門投資 500 億元人民幣（約合 69 億美元），從 2025 年開始。小米還計劃在未來幾年內在全球範圍內擴展其電動車業務，繼推出其高端 SU7 Ultra 後。</p>
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小米股票在宣佈 25 億港元（約合 3.21 億美元）回購計劃後表現強勁