Xiaomi shares rise 2% after announcing HK$2.5B buyback; program starts Jan 23

Xiaomi unveiled a stock repurchase plan of up to HK$2.5 billion (US$321 million). Its shares rose 2% in Friday trading after the news, and a filing said the automatic program will start on January 23. The company earlier bought 4 million shares for HK$152 million on January 13, 2026, and outlined longer‑term chip and EV initiatives.