Xiaomi’s Wild Week: State‑Gift Phones, 40k+ EV Deliveries Again, Double‑11 Billions—and a Stock Dip on Nov 5
Key facts (Nov 5, 2025 + last few days) What happened today (Wed, Nov 5, 2025) and in the last few days Markets & the stock Xiaomi closed at HK$42.96, down 1.1% day‑over‑day and 3.9% below Monday’s close (Nov 3), with intraday prints near HK$43.32 as Hong Kong tech names softened alongside global risk‑off sentiment tied to AI‑stock volatility. The 52‑week range (HK$26.60–61.45) underlines how far the name has run (and pulled back) through the EV ramp. amp.scmp.com “A 10 to 15 per cent correction wouldn’t just be tolerable, it might even be healthy,” notes Stephen Innes, SPI Asset Management, on