Xiaomi Co‑founder Lin Bin Plans Up to US$2 Billion Share Disposal to Fund New Investment Vehicle
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Xiaomi ( (HK:1810) ) has provided an announcement.
Xiaomi co-founder, executive director and vice chairman Lin Bin has notified the board that he plans to begin selling part of his holdings of the company’s class B ordinary shares from December 2026, subject to regulatory compliance in Hong Kong. Under the disposal plan, Lin’s share sales will be capped at US$500 million in any 12‑month period and at a total of US$2 billion, with the proceeds primarily earmarked to set up an investment fund company; Xiaomi emphasized that Lin remains confident in the group’s long‑term prospects and will continue to serve the company, while advising shareholders and potential investors to exercise caution when dealing in its securities.
The most recent analyst rating on (HK:1810) stock is a Buy with a HK$57.00 price target. To see the full list of analyst forecasts on Xiaomi stock, see the HK:1810 Stock Forecast page.
More about Xiaomi
Xiaomi Corporation is a consumer electronics and smart manufacturing company best known for its smartphones and a broad ecosystem of connected devices and internet services, with its shares listed in Hong Kong under stock codes 1810 and 81810.
YTD Price Performance: 13.68%
Average Trading Volume: 184,121,304
Technical Sentiment Signal: Buy
Current Market Cap: HK$1021.3B
For a thorough assessment of 1810 stock, go to TipRanks’ Stock Analysis page.
