Xiaomi Stock Extends Slide on Nov 18: Worst‑Performing China Tech Name as Q3 Results Loom; HSBC Trims Target to HK$65.40
HONG KONG — November 18, 2025 — Xiaomi Corp. (HKEX: 1810) fell again on Tuesday, capping a bruising few weeks that have turned the smartphone‑to‑EV group into the worst‑performing major Chinese tech stock heading into its third‑quarter earnings release this evening. A combination of margin pressure in handsets, questions around EV capacity and mix, and more cautious sell‑side targets continues to weigh on sentiment. Moneyweb What moved today (Nov 18) The bigger picture: Why Xiaomi slumped into the cellar Fresh analysis today underscores how quickly the narrative flipped. After flirting with a US$200bn market value mid‑year, Xiaomi is now down