Zheng Quan Shi Bao Wang·2026-01-24 00:10Core Viewpoint - Xiaomi Group announced a share buyback plan for up to HKD 2.5 billion for its Class B ordinary shares, starting on January 23 [1] Group 1: Company Actions - The buyback plan is part of Xiaomi's strategy to enhance shareholder value amidst a recovering Hong Kong stock market [1] - Since 2026, the Hong Kong stock market has shown a generally upward trend, with total buyback amounts exceeding HKD 11 billion [1] Group 2: Industry Trends - Major companies in the industry, such as Tencent Holdings, have also been active in buybacks, with Tencent's total buyback amount exceeding HKD 6 billion this year [1] - A total of 108 Hong Kong-listed companies have initiated buybacks this year, a decrease from 121 companies in the same period last year, indicating a significant reduction in buyback amounts [1]