I often receive a private message from you about buying Xiaomi shares, how and where I buy. I've described everything about it some time ago this article. For several months after the publication of the above entry, my investment strategy has changed quite significantly. I stopped regularly buying shares of the Chinese giant. I know that this is theoretically the best "moment to enter", but I have other expenses.
Xiaomi shares on the historic bottom
Since the debut on the Hong Kong stock exchange, the price of Xiaomi shares has been falling all the time, there has not been a spectacular breakdown yet. The price was not affected by the debut of the flagship Mi 9 or good financial results, I always check the charts after major events and nothing ...
Xiaomi buys its shares en masse
In June, Xiaomi began the second round of buy-out of its shares, they made it up to 10 times in just 20 days. The following dates: 3, 4, 6, 10, 12, 13, 14, 17, 18 and 20 in June these days the company led by Lei Juna bought B class shares on the open market. During today's last redemption, Xiaomi bought 5.031 millions of shares from 9,91 HDK to 9,93 HDK.
Lei Jun says openly that the company intends to engage the most in the IoT market. In my opinion, this is a good decision, there is a lot of competition on the phones. As for smart home devices with such an extensive portfolio as Xiaomi has, there is no competition on the market.
Unfortunately, the full offer of IoT equipment with the Mi logo is available only in China, and in other markets the offer is very limited. The introduction of global sales will be a milestone in development.