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Xiaomi's Share Price Tumbles HK$120 Billion in Two Days Amid Car Accident Controversy
2025-04-03 /
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Author：小编
Recently, Xiaomi Automobile has once again been thrust into the spotlight, but this time, it is not for positive reasons. On April 1, 2025, Xiaomi's share price took a nosedive, plummeting by 5.59%, erasing HK$80 billion from its market value. The following day, the decline continued, with another 4.19% drop, cumulatively resulting in a staggering loss of over HK$120 billion in market value within just two days. This dramatic drop is directly attributable to a public outcry sparked by a recent car accident.
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