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Xiaomi Group buy back 2.1 million shares at a price of HK$18.12 to HK$18.22
On January 11, Xiaomi Group-W announced on the Hong Kong Stock Exchange that it would repurchase 2.1 million shares at a price of HK$18.12 to HK$18.22 per share, with a repurchase amount of 3814.13 million Hong Kong dollars.
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Since the beginning of this year, the stock has been repurchased five times in total, with a total of 9.625 million shares repurchased and a cumulative repurchase amount of HK$175 million.
Moreover, not only Xiaomi, but also technology giants including Tencent, JD.com, and Ali are also repurchasing to maintain stability in the face of the falling stock price of Internet stocks.
(via)