Core Viewpoint - Xiaomi Group-W has seen continuous net buying from southbound funds for nine consecutive days, totaling a net buying amount of 6.989 billion HKD, while its stock price has decreased by 19.76% during the same period [2] Group 1: Trading Activity - On October 16, the total trading volume of active stocks through the Hong Kong Stock Connect reached 42.421 billion HKD, with a net buying amount of 4.375 billion HKD [2] - Xiaomi Group-W recorded a trading amount of 6.723 billion HKD through the Hong Kong Stock Connect on October 16, with a net buying amount of 1.060 billion HKD [2] Group 2: Stock Performance - Despite the continuous net buying, Xiaomi Group-W's stock price has experienced a cumulative decline of 19.76% over the nine-day period [2]

Core Viewpoint - Xiaomi Group-W has been actively repurchasing its shares, indicating a strategy to support its stock price amid recent declines [1][2]. Summary by Category Share Buyback Activity - Xiaomi Group-W has conducted share buybacks for five consecutive days since October 10, totaling 15.92 million shares repurchased and an aggregate amount of HKD 783 million [1]. - On October 16, the company repurchased 4 million shares at prices ranging from HKD 47.60 to HKD 48.40, amounting to HKD 192 million [1][2]. - The stock price has decreased by 10.59% during the buyback period [1]. Cumulative Buyback Data - Year-to-date, Xiaomi Group-W has completed 11 buyback transactions, repurchasing a total of 23.43 million shares for a total expenditure of HKD 1.044 billion [2]. - Detailed buyback transactions include: - October 16: 400,000 shares at a maximum price of HKD 48.40 and a minimum of HKD 47.60, totaling HKD 19.18 million [2]. - October 15: 200,000 shares at a maximum price of HKD 49.54, totaling HKD 9.89 million [2]. - October 14: 400,000 shares at a maximum price of HKD 49.00, totaling HKD 19.49 million [2].

据雷军透露，小米在组合辅助驾驶方面坚持不断地加大投入，第一期总投入57.9亿元，智能驾驶专属的 研发团队规模超过1800人。 10月16日，在2025世界智能网联汽车大会(WICV)上，小米集团创始人、董事长兼CEO雷军表示，智能 网联汽车上半场的电动化已初步完成，下半场的智能化正在逐步地深入。智能化一系列的创新技术正在 重塑汽车的产品定义、生产模式、商业模式和用户体验。其中，组合辅助驾驶系统是行业共同关注的焦 点，发展非常快，体验和安全性也正在大幅度地提升。随着一系列新的政策法规逐步落地，L3、L4试 点也会越来越多，大众出行将变得越来越便利，越来越安全。 ...

Core Viewpoint - Xiaomi Group-W (01810) announced a share buyback plan, committing HKD 192 million to repurchase 4 million shares on October 16, 2025 [1] Group 1 - The company will spend HKD 192 million for the buyback [1] - A total of 4 million shares will be repurchased as part of this initiative [1]

格隆汇10月16日丨小米集团-W(01810.HK)公告，10月16日耗资1.9亿港元回购400万股。 ...

表格類別： 股票 狀態： 新提交 FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 公司名稱： 小米集团 (於開曼群島註冊成立以不同投票權控制的有限公司) 呈交日期： 2025年10月16日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | | 不同投票權架構公司普通股 | 股份類別 | B | | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | | 01810 | 說明 | | | | | | | | 多櫃檯證券代號 | | 81810 | RMB 說明 | | | | | | | | A. 已發行股份或庫存股份變 ...

Core Viewpoint - The development of intelligent connected vehicles is currently at a historical opportunity period, requiring the entire industry to unite and collaboratively build a new ecosystem for intelligent connected vehicles [1] Industry Summary - The industry is called to focus on safety as a foundation, quality as a fundamental aspect, and innovation as a direction for development [1] - There is an emphasis on concentrating resources and efforts on technological innovation and research and development in key underlying technologies and important research areas [1] - The industry is urged to collectively resist negative online phenomena such as internet trolls and black public relations, fostering a positive, civilized, and orderly development environment [1]

Group 1 - Xiaomi Group-W (01810.HK) experienced a decline of over 3%, specifically a drop of 3.03%, bringing the stock price to 47.96 HKD [1] - The trading volume reached 5.336 billion HKD [1]

Core Viewpoint - Xiaomi Group's stock has experienced a decline of over 3%, attributed to safety concerns regarding its electric vehicle and a cooling market for its automotive orders [1] Group 1: Stock Performance - Xiaomi Group's stock fell by 3.03%, trading at HKD 47.96, with a trading volume of HKD 5.336 billion [1] Group 2: Safety Concerns - A Xiaomi SU7 vehicle caught fire after a collision in Chengdu, raising public concerns about the safety of electronic door handles [1] Group 3: Market Conditions - Reports indicate that the market for Xiaomi's automotive orders has cooled, with order recovery prices dropping to HKD 2,000, down from a premium of HKD 20,000 two months ago [1] Group 4: Analyst Insights - According to CMB International, Xiaomi's stock price has been volatile due to various news and market rumors, including the Chengdu accident, testing of a third model in Xinjiang, and readiness of a second factory in Beijing [1] - Despite the improved performance of the Xiaomi 17 series compared to the Xiaomi 15, the gross profit margin (GPM) for Xiaomi smartphones is expected to hit a low in the second half of the year, with an estimated GPM of 11% for Q3, down from 11.5% in Q2 [1]

Core Viewpoint - Xiaomi Group's stock has experienced a decline of over 3%, attributed to safety concerns following a car accident involving its SU7 model and a cooling market for its electric vehicles [1] Group 1: Stock Performance - Xiaomi Group's stock fell by 3.03%, trading at HKD 47.96, with a trading volume of HKD 5.336 billion [1] Group 2: Incident Impact - A serious accident involving a Xiaomi SU7 in Chengdu raised public concerns about the safety of electronic door handles [1] - Rescue efforts were hindered as multiple individuals were unable to open the SU7's doors during the fire [1] Group 3: Market Conditions - Reports indicate that the market for Xiaomi's electric vehicles is cooling, with order recovery prices dropping to HKD 2,000, down from a premium of HKD 20,000 two months ago [1] - Central Bank International noted that Xiaomi's stock price has been volatile due to various news and market rumors, including the Chengdu accident, testing of a third model in Xinjiang, and readiness of a second factory in Beijing [1] Group 4: Financial Projections - Despite the Xiaomi 17 series performing better than the Xiaomi 15 series, the company's smartphone gross profit margin (GPM) is expected to hit a low in the second half of the year [1] - For Q3, the estimated GPM for Xiaomi smartphones is 11%, a decrease of 0.5 percentage points from 11.5% in Q2 [1]