On July 9, Xiaomi officially went public on the Hong Kong Stock Exchange, and the opening price was HK$16.6, which was lower than the issue price of HK$17. At the close of the day, Xiaomi's share price was quoted at HK$16.8, a decrease of 1.18% compared to the issue price. For the first day of Xiaomi's listing, Lei Jun said that because of the recent bad trend, short-term stock price is not the most important, long-term price is the most important.
Yesterday, when Xiaomi changed its performance on the first day of listing, the stock price continued to rise. As of the close of the day, Xiaomi's share price rose 13.1% to close at 19 Hong Kong dollars, with a total market capitalization of 425.1 billion Hong Kong dollars.
At the previous listing celebration feast, Lei Jun once said, "To make investors who buy Xiaomi's stock on the first day of listing double."