Lei Jun’s “bragging bull” has come true: Xiaomi’s share price has doubled

People still have to have dreams, otherwise what is the difference between salted fish and salted fish?

On July 9, 2018, Xiaomi was officially listed in Hong Kong with the stock code “01810” and the issue price was HK$17. On the same day, Lei Jun released a rhetoric at the celebration banquet to double the stock price of investors who bought on the first day of listing.

At that time, many people thought that Lei Jun was just joking.

On July 9, 2018, Xiaomi’s listed share price broke, and for the next two years, Xiaomi’s share price has been hovering around HK$10.

Even, on September 2, 2019, Xiaomi’s share price fell to HK$8.28, which was halved from the issue price. At that time, some people ridiculed that the first stock of young people was stuck.

But no one thought that after more than a year, Lei Jun’s “bragging” at that time had been realized.

On January 4, Xiaomi Group opened HK$33.6, and then broke through HK$34 in one fell swoop, doubling the issue price of HK$17 that year. Before the deadline, it was reported at HK$34.4, with a total market value of HK$866.391 billion.

On December 28 last year, at the Xiaomi 11 conference, Lei Jun said when talking about the unforgettable moments in 2020 that Xiaomi’s stock price has been lower than the issue price for two years, which is quite embarrassing to be honest. This is super depressing in the past two years. when.

Today, it can be regarded as “holding the clouds and seeing the bright moon”.

On December 8, CITIC Securities released the Xiaomi in-depth tracking report. Maintain Xiaomi’s “buy” rating and raise Xiaomi’s target price to HK$36, which is the highest target price in the entire market since Xiaomi’s listing.

According to the current share capital, if Xiaomi’s share price reaches HK$36, the market value will reach HK$905.2 billion, or about US$116.8 billion.

CITIC Securities also pointed out that Xiaomi is expected to join the trillion-dollar market value club.

People still have to have dreams, otherwise what is the difference between salted fish and salted fish?

On July 9, 2018, Xiaomi was officially listed in Hong Kong with the stock code “01810” and the issue price was HK$17. On the same day, Lei Jun released a rhetoric at the celebration banquet to double the stock price of investors who bought on the first day of listing.

At that time, many people thought that Lei Jun was just joking.

On July 9, 2018, Xiaomi’s listed share price broke, and for the next two years, Xiaomi’s share price has been hovering around HK$10.

Even, on September 2, 2019, Xiaomi’s share price fell to HK$8.28, which was halved from the issue price. At that time, some people ridiculed that the first stock of young people was stuck.

But no one thought that after more than a year, Lei Jun’s “bragging” at that time had been realized.

On January 4, Xiaomi Group opened HK$33.6, and then broke through HK$34 in one fell swoop, doubling the issue price of HK$17 that year. Before the deadline, it was reported at HK$34.4, with a total market value of HK$866.391 billion.

On December 28 last year, at the Xiaomi 11 conference, Lei Jun said when talking about the unforgettable moments in 2020 that Xiaomi’s stock price has been lower than the issue price for two years, which is quite embarrassing to be honest. This is super depressing in the past two years. when.

Today, it can be regarded as “holding the clouds and seeing the bright moon”.

On December 8, CITIC Securities released the Xiaomi in-depth tracking report. Maintain Xiaomi’s “buy” rating and raise Xiaomi’s target price to HK$36, which is the highest target price in the entire market since Xiaomi’s listing.

According to the current share capital, if Xiaomi’s share price reaches HK$36, the market value will reach HK$905.2 billion, or about US$116.8 billion.

CITIC Securities also pointed out that Xiaomi is expected to join the trillion-dollar market value club.

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