XIAOMI(HK:01810) Di Yi Cai Jing Zi Xun·2025-12-29 04:48Core Viewpoint - Xiaomi Group's chairman Lei Jun increased his stake by HKD 100 million, while vice chairman Lin Bin plans to reduce his holdings by USD 2 billion (HKD 156 billion) starting in December 2026, indicating contrasting views on the company's future [2][3]. Group 1: Stock Operations - Lin Bin's planned reduction of USD 2 billion will occur over four years, with a maximum of USD 500 million sold annually, primarily to establish an investment fund [2]. - Since 2019, Lin Bin has repeatedly reduced his stake in Xiaomi, currently holding shares worth approximately HKD 850 million [2]. - Lin Bin's previous reductions have totaled nearly HKD 9 billion, with past sales not occurring at peak prices [3]. Group 2: Market Reactions - Following the announcement of Lin Bin's reduction plan, Xiaomi's stock experienced volatility, but the actual impact is expected to be limited due to the delayed start of the plan [4]. - Market analysts suggest that while the immediate effect may be manageable, investor sentiment could be negatively influenced by Lin Bin's actions, prompting scrutiny of other executives' potential selling plans [4].