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+3Yahoo Finance+3hkex.com.hk+3 “A 10 to 15 per cent correction wouldn’t just be tolerable, it might even be healthy,” notes Stephen Innes, SPI Asset Management,