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XIAOMI-W Lei Jun: Firm To Invest RMB30B+ in R&D This Yr
Lei Jun, Founder of XIAOMI-W (01810.HK), said in his internal speech yesterday that the Company has committed 5 years ago to invest more than RMB100 billion in R&D over 5 years...
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XIAOMI-W Lei Jun: Firm To Invest RMB30B+ in R&D This Yr
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Lei Jun, Founder of XIAOMI-W (01810.HK)  +0.850 (+1.695%)    Short selling $756.74M; Ratio 12.262%   , said in his internal speech yesterday that the Company has committed 5 years ago to invest more than RMB100 billion in R&D over 5 years, and has invested about RMB105 billion so far, with over RMB30 billion expected to be invested this year, according to Chinese media.

A sudden traffic accident at the end of March brought XIAOMI-W an “angry" doubt, Lei added. He emphasized the Group's insistence on being technology-based, and its commitment to becoming the leader of the new generation of hardcore technology in the world.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-16 16:25.)

Related NewsJPM Expects XIAOMI-W (01810.HK) to Post Strong 1Q Earnings Growth, Keeps TP/ Rating at $60/ Neutral

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