TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Xiaomi ( (HK:1810) ) has issued an announcement.
Xiaomi Corporation announced that its founder and controlling shareholder, Mr. Lei Jun, has increased his shareholding in the company by purchasing 2,600,000 Class B ordinary shares. This move reflects Mr. Lei’s strong confidence in the company’s future prospects and growth potential, reinforcing his long-term commitment to Xiaomi. The board views this as a positive signal for stakeholders, although they advise caution in dealing with the company’s securities.
The most recent analyst rating on (HK:1810) stock is a Buy with a HK$70.00 price target. To see the full list of analyst forecasts on Xiaomi stock, see the HK:1810 Stock Forecast page.
More about Xiaomi
Xiaomi Corporation is a prominent player in the technology industry, primarily known for its consumer electronics and smart hardware products. The company focuses on innovation and quality, offering a wide range of products including smartphones, smart home devices, and other electronic gadgets, aiming to enhance user experience and connectivity.
YTD Price Performance: 10.38%
Average Trading Volume: 179,992,086
Technical Sentiment Signal: Hold
Current Market Cap: HK$991.5B
For detailed information about 1810 stock, go to TipRanks’ Stock Analysis page.