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The stock price is officially cut! Xiaomi's market value evaporated by more than HK$370 billion

The stock price is officially cut! Xiaomi's market value evaporated by more than HK$370 billion

On December 15, Xiaomi Group fell more than 4% to 17.68 Hong Kong dollars per share in the end of the session, and the total market value fell below the Mark of HK$360 billion.

AI Finance and Economics learned that since the beginning of the year, Xiaomi's stock price created a record high of 35.9 Hong Kong dollars / after, Millet has fallen into a volatile downward trend, less than a year, Millet stock price fell to 17.68 Hong Kong dollars / share, a decline of more than 50%, the market value evaporated more than 370 billion Hong Kong dollars.

Xiaomi's stock price continued to fall, and the wealth of founder Lei Jun also shrank all the way. According to Forbes billions of data, Lei Jun's net worth is now 15 billion US dollars (about 95 billion yuan). Bloomberg billions of data has shown that Xiaomi Lei Jun's net worth shrank by more than $13 billion in 2021, second only to Huang Zheng of Pinduoduo and Xu Jiayin of China Evergrande Group, becoming the third richest man in China in 2021. (Text | AI Finance and Economics, You Have No Regrets)

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