Xiaomi buys back HKD 105 million: HSBC targets HKD 33.20 for Xiaomi stock

Published on 10/26/2026 at 09:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Xiaomi stock traded at EUR 3.06 on October 26, 2026 at Lang & Schwarz. Q2 revenue fell to CNY 108.90 billion from CNY 116.00 billion.

Buyback and earnings context

Xiaomi repurchased 4.086 million shares for HKD 105 million on October 22, 2026.
Second-quarter revenue fell to CNY 108.90 billion from CNY 116.00 billion in the prior-year quarter.
Xiaomi stock traded at EUR 3.06 at 9:18 a.m. CET at Lang & Schwarz on October 26, 2026.
November 24, 2026 is listed as the date for the next quarterly results.

Xiaomi Corp., KYG9830T1067, Illustration mit AI erstellt.

Xiaomi Corporation (ISIN KYG9830T1067) repurchased 4.086 million shares for HKD 105 million on October 22, 2026, according to GMT Eight. The buyback was conducted at prices between HKD 25.70 and HKD 25.92 per share. HSBC had set a HKD 33.20 target and a Buy rating on September 30, 2026, as Boerse Express reported.

Second-quarter pressure stays visible

Xiaomi's second-quarter 2026 revenue was CNY 108.90 billion, down from CNY 116.00 billion in the prior-year quarter, a 6.12 percent decline. Adjusted net profit stood at CNY 6.20 billion, while smartphone gross margin was 8.50 percent, according to Yahoo Finance. That combination leaves the buyback competing with a clear operating question: whether electric vehicles and internet services can offset pressure in smartphones.

What does the buyback change?

The October transaction represented 4.086 million shares, while cumulative repurchases since the authorization reached 142 million shares, or 0.55 percent of shares outstanding, according to Futu News. The transaction reduces the share count when completed, but it does not by itself resolve the 6.12 percent revenue decline reported for the second quarter.

Next results date

Xiaomi Corporation lists its second-quarter results announcement on August 18, 2026, while Boerse Express reported November 24, 2026 as the date for the next quarterly figures.

Xiaomi valuation in Hong Kong

On the HKEX, Xiaomi was last at HKD 26.90 at 4:08 p.m. HKT on October 26, 2026. Its market capitalization was HKD 692.3 billion, and its 52-week range was HKD 21.30 to HKD 46.00. At Lang & Schwarz, Xiaomi stock was trading at EUR 3.06 on October 26, 2026 at 9:18 a.m. CET. The further course of trading is shown by the continuously updated real-time quote of Xiaomi stock.