Xiaomi (1810 HK) Q1 2026 (CNY): Revenue 99.14bln (exp. 98.85bln), Net 6.07bln (exp. 5.83bln); notes of headwinds from higher component prices, including memory, and industry competition; plans HKD 20bln share repurchase
- Xiaomi’s R&D expenses increased 33% Y/Y in the first quarter.
- Company continued to optimise operating efficiency and invest in core technologies such as AI.
- Capex +20% Y/Y to CNY 3.3bln.
#HONG KONG#IMPORTANT#EQUITIES#EU SESSION#TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS#TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS (GROUP)#TECHNOLOGY HARDWARE & EQUIPMENT#HANG SENG INDEX#XIAOMI CORP#1810.HK#ASIAN EQUITIES#CNY