Three days after listing, the market value of Jingdong Xiaomi exceeded 56 billion dollars
Three days after listing, the market value of Jingdong Xiaomi exceeded 56 billion dollars

On July 11, it was reported that on the third day of the listing of Xiaomi Group, its share price opened lower and went higher, reaching a high of HK $19.80 in the session. Based on this share price, Xiaomi's total market value reached US $56.446 billion, surpassing JD's US $55.077 billion, which is also a milestone event for Xiaomi.


Although the outside world is generally optimistic about the prospects of Xiaomi, on the day of its listing, it still unexpectedly fell below the issue price. Lei Jun also said frankly in an interview that because the recent economic situation is not very good, the short-term stock price is not very important, but the long-term stock price is what Xiaomi likes.


Then on July 10, the share price of Xiaomi began to rise against the trend and reached HK $19 at the close. After the opening on July 11, the price of Xiaomi rose sharply again. However, as of the time of press release, the price of Xiaomi fell back and is still around HK $19.


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