Xiaomi Corporation - W (1810.HK) experienced a remarkable surge in its stock price during early trading hours, with a jump exceeding 5%. Currently, the shares are trading at HK$40.6, accompanied by a trading volume surpassing HK$4.2 billion. As per reports, on November 24, Lei Jun, a key figure in Xiaomi, acquired 2.6 million B-class ordinary shares of the company in the open market. This move involved an investment of over HK$100 million, thereby elevating his stake in Xiaomi to 23.26%. In the two trading days preceding this, Xiaomi had already engaged in share repurchases worth over HK$800 million, demonstrating a strong commitment to bolstering its market position. In the third quarter of 2025, Xiaomi's financial performance was outstanding, with revenue reaching approximately RMB 113.121 billion. This marked a significant year-on-year increase of 22.3%. Moreover, the adjusted net profit soared to a record high of RMB 11.3 billion, underscoring the company's robust profitability. On a different note, Xiaomi achieved a major milestone on November 20 by producing its 500,000th vehicle. The following day, on November 21, the company made headlines by officially releasing and fully open-sourcing its embodied large model, MiMo-Embodied, showcasing its innovation and technological prowess.