XIAOMI(HK:01810) Sou Hu Cai Jing·2025-08-11 23:42Core Viewpoint - Recent rumors suggest that Lei Jun, through Wells Fargo's Mao Chen Yue, transferred $5 billion overseas, igniting public concern and scrutiny towards Xiaomi and its founder [1][7]. Group 1: Rumor Details - The rumor claims that Lei Jun transferred $5 billion, which is approximately 36 billion RMB, raising questions about potential asset flight [7][9]. - The involvement of Mao Chen Yue, a Wells Fargo executive recently restricted from leaving China due to a criminal case, adds credibility to the rumor [9][11]. Group 2: Public and Media Reaction - Lei Jun's actions have historically attracted significant media attention, with both positive and negative implications for Xiaomi [3][5]. - Negative incidents, such as the SU7 car accident and the SU7 Ultra return controversy, have led to increased scrutiny and pressure on Lei Jun and Xiaomi [5][11]. Group 3: Company Response - Xiaomi's public relations manager, Wang Hua, denied any collaboration with Wells Fargo or Mao Chen Yue, asserting that the claims of asset transfer are unfounded [11]. - The company emphasized that any legitimate business transactions should not be labeled as "asset transfer" or "comprador" without evidence [11]. Group 4: Background on Mao Chen Yue - Mao Chen Yue, born in Shanghai and educated at Fudan University, has a history with Wells Fargo, where she rose to the position of Managing Director [13]. - The bank has faced significant penalties in the past for various misconducts, raising concerns about its operations and the implications of its executives' actions [13][14].