While discussing the Nurburgring 24 Hours on Weibo, Lei Jun, Chairman of XIAOMI-W (01810.HK) -0.050 (-0.088%) Short selling $492.81M; Ratio 12.004% , congratulated the BMW M brand for winning its 21st championship.When netizens asked Lei when Xiaomi would form a racing team, Lei answered that the Nurburgring 24 Hours is a gasoline car race, and Xiaomi has no plans to make gasoline cars.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-25 12:25.)Related NewsDaiwa Lifts XIAOMI-W (01810.HK) TP to $78 as IoT Premiumization to Drive LT Growth