The scale of the reduction is indeed aggressive—$500 million sold in just one year. Looking back over the past four years, the total reduction amounts to $2 billion. This company's actions are also ruthless. On March 25, taking advantage of the stock price rising above 60 yuan, they issued 800 million shares to raise 42.5 billion yuan. As a result, the stock price did not go higher afterward; instead, it slid from a high of 60 yuan down to 40 yuan. Now, the shareholders are considering selling another $2 billion worth of shares, which is about 14 billion yuan. When comparing these figures, the decline is quite obvious. This company is Xiaomi Group. As a shareholder, watching this series of actions is indeed quite interesting.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
6
Repost
Share
Comment
0/400
AirdropFreedom
· 11h ago
Hmm... That round of rights issue at 60 bucks was really amazing. It dropped to 40 bucks right after. Calculating this, how much did we lose?
View OriginalReply0
LeverageAddict
· 11h ago
Well, Xiaomi's move this time is truly outrageous, the smell of cutting leeks at high prices is too strong.
View OriginalReply0
DaoTherapy
· 11h ago
Xiaomi's recent move is really brilliant. They raised 42.5 billion at a high price, and the stock price has been falling all the way down. Now they want to sell shares again. Isn't this just harvesting the little guys? Shareholders must be feeling really distressed.
View OriginalReply0
WhaleSurfer
· 11h ago
Xiaomi's recent move really doesn't make sense. They raise funds at high prices and then the price drops immediately. Shareholders must be feeling pretty exhausted.
View OriginalReply0
BridgeJumper
· 11h ago
Oh my, the timing of this rights issue is just too perfect. The stock soared to 425 billion at the peak and then directly dropped to 40. Shareholders must be speechless.
View OriginalReply0
SmartMoneyWallet
· 11h ago
This is a typical high-level trap to cut leeks—after raising funds, the stock price drops, and now they want to unload goods. The capital flow is very clear, and retail investors will always be the bagholders.
The scale of the reduction is indeed aggressive—$500 million sold in just one year. Looking back over the past four years, the total reduction amounts to $2 billion. This company's actions are also ruthless. On March 25, taking advantage of the stock price rising above 60 yuan, they issued 800 million shares to raise 42.5 billion yuan. As a result, the stock price did not go higher afterward; instead, it slid from a high of 60 yuan down to 40 yuan. Now, the shareholders are considering selling another $2 billion worth of shares, which is about 14 billion yuan. When comparing these figures, the decline is quite obvious. This company is Xiaomi Group. As a shareholder, watching this series of actions is indeed quite interesting.