🟢 Xiaomi is trading 4.3% up today after signing MoUs with eight German dealer groups

Xiaomi is trading at HK$28.62, up 4.30%, after Xiaomi Auto signed MoUs with eight German dealer groups supporting its planned 2027 European entry.

• BlackRock increased its Xiaomi stake by approximately 8.3385 million shares, worth about HK$230 million.
• Xiaomi repurchased 1.8 million shares on September 3 for HK$49.3878 million.
• These company-specific developments provide a credible explanation for the September 4 gain despite limited broader-market movement.