Home Business Short to save Xiaomi?Market value evaporates more than 340 billion yuan Lei Jun becomes China’s third richest man in 2021

Short to save Xiaomi?Market value evaporates more than 340 billion yuan Lei Jun becomes China’s third richest man in 2021

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Short to save Xiaomi?Lei Jun becomes the third richest man in China in 2021

On November 24, in the Hong Kong stock market, Xiaomi Group rarely plunged more than 8% to 19.02 Hong Kong dollars per share, with a total market value of 476 billion Hong Kong dollars.

On the news, on the evening of November 23, Xiaomi Group announced its third-quarter results. In the quarter, Xiaomi Group achieved total revenue of 78.1 billion yuan, a year-on-year increase of 8.2%; adjusted net profit reached 5.2 billion yuan, a year-on-year increase of 25.4%.

In terms of mobile phone shipments, due to the global supply shortage of core components, Xiaomi Group’s global smartphone shipments in the third quarter decreased by 5.8% year-on-year to 43.9 million units, but the average selling price rose from 1022.3 yuan per unit in the same period last year to the current unit. 1090.5 yuan.

AI Finance extended the K-line of Xiaomi Group. After the stock price hit a record high of 35.9 Hong Kong dollars per share at the beginning of the year, Xiaomi Group fell into a shock and callback market. So far, the stock price has fallen 47%, and the market value has evaporated over 420 billion Hong Kong dollars (about 340 billion yuan). ).

Xiaomi’s stock price continued to fall, which also caused founder Lei Jun’s value to shrink all the way. According to the Bloomberg Billion Index, Lei Jun’s net worth is now $18.4 billion (approximately 117.4 billion yuan), and his net worth has shrunk by $12.9 billion during the year. He will become China’s third richest man in 2021, second only to Evergrande Group Xu Jiayin (his net worth in 2021). Annual shrinkage of 15.2 billion U.S. dollars), Pinduoduo founder Huang Zheng (his net worth shrinks by 34.7 billion U.S. dollars in 2021).

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From a global perspective, apart from Huang Zheng and Xu Jiayin, only Samsung Li Zairong and Ineos CEO James Ratcliffe (Jim Ratcliffe) have shrunk more than Lei Jun.

Regarding the continued decline in the share price of Xiaomi Group during the year, some netizens said bluntly that “only short selling can save Xiaomi”. As of the close, Xiaomi Group closed down 6.96% to 19.26 Hong Kong dollars / share.

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