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Executes Share Buyback Valued at Approximately HK$50.78 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=1185605461","media":"Stock News","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1185605461?lang=en_us&edition=fundamental","pubTime":"2026-08-24 18:59","pubTimestamp":1787569149,"startTime":"0","endTime":"0","summary":"Xiaomi-W (01810) has disclosed that on August 24, 2026, the company expended roughly HK$50.7835 million to repurchase 1.8192 million of its shares.This buyback transaction was conducted on the 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by Dow Jones using technology from Automated Insights.Shares of Xiaomi Corp. slid 4.1% to 27.82 Hong Kong dollars on what proved to be an all-around poor trading session for the Hong Kong stock market, with the Hang Seng Index falling 1.9% to 25517.33.The stock's fall snapped a five-day winning streak.Xiaomi Corp. closed 54% short of its 52-week high of HK$59.90, which the company reached Sept. 25.Trading volume totaled 158.1 million shares, compared to the 50-day average of 201.8 million shares.Data source: Dow Jones Market Data, 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The chip is expected to power Xiaomi's upcoming flagship foldable phone, with shipments targeted at 200,000 to 300,000 units, one source told the news outlet.Xiaomi's push into foldable phones puts it in competition with Huawei, which held a 68% share of China's foldable-phone market in the second quarter, Reuters reported citing Smart Analytics Global's data.Xiaomi and TSMC did not immediately respond to MT Newswires' requests for 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