雷军李书福跻身胡润百富前十，资本版图谁更胜一筹

Core Insights - The Hurun Rich List recently revealed that Lei Jun and Li Shufu have entered the top ten, with Lei Jun at fifth and Li Shufu at tenth, despite their companies' stock prices declining after the announcement [2][6][11] - Xiaomi's stock price fell by 25.2% from HKD 59.90 on September 25 to HKD 44.82 on November 3, while its year-to-date performance remains strong with a 28.8% increase [2][6] - Geely's stock has also faced a decline, dropping 14% from its peak on August 25 to November 3, despite a year-to-date increase of 25.3% [6][11] Xiaomi's Performance - Xiaomi's stock price surged by 121% in 2024, and in 2025, it reached a peak of HKD 52.4 per share before recent negative sentiment affected its performance [7][10] - The company reported Q2 2025 revenue of CNY 116 billion, a 30.5% year-on-year increase, and a net profit of CNY 10.8 billion, up 75.4% [7] - Lei Jun's wealth increased by CNY 196 billion in 2025, marking a 151% growth, making him the "wealth growth king" of the year [10] Geely's Performance - Li Shufu's wealth grew by 55% in 2025, driven by Geely's strong performance, with a revenue of CNY 150.3 billion in the first half of 2025, a 27% increase [11][12] - Geely's core net profit reached CNY 6.66 billion, a 102% increase, and its new energy vehicle sales rose by 126% [12] - Li Shufu controls 11 listed companies, with a total market value of CNY 353.3 billion as of June 2025 [12][13] Comparative Analysis - Both Lei Jun and Li Shufu are seen as "industry integrators" in the automotive sector, with distinct strategies: Li focuses on manufacturing and technology, while Lei emphasizes ecosystem integration [15][16] - Their approaches reflect a shift in the automotive industry towards comprehensive solutions rather than isolated product manufacturing [17] - The potential for collaboration exists, as Geely's engineering capabilities complement Xiaomi's consumer electronics expertise, which could lead to new industry standards and competitive dynamics [17]