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2025-11-25 13:07:06
[Citi: Gives Xiaomi a "Buy" Rating and a Target Price of HK$50] Citi issued a report stating that Lei Jun, founder of Xiaomi Group (01810.HK), increased his stake yesterday (24th), purchasing a total of 2.6 million Class B ordinary shares (representing 0.01% of the total issued shares) at an average price of HK$38.58 per share. Following this purchase, Lei Jun's shareholding in Xiaomi increased to 23.26%. The bank considers the news of Lei Jun's increased stake in Xiaomi to be positive. Citi maintains a "Buy" rating on Xiaomi and a target price of HK$50.
