Xiaomi announces HK$2.5 billion buyback as competition and cost pressures weigh on stock
- Posted on January 23, 2026
- By CNBC
- 4 Views
Xiaomi announces HK$2.5 billion buyback as competition and cost pressures weigh on stock
Chinese tech giant Xiaomi saw its shares pop in trading on Friday after it announced a stock buyback program worth up to HK$2.5 billion ($321 million).
