Xiaomi is trading at HK$25.72, with a -4.03% change amid a Hong Kong tech selloff.
- The Hang Seng Tech Index was down 3%, and several major stocks also declined in morning trading.
- Reuters reported that AI-related concerns and Gulf uncertainty pressured broader Asian tech sentiment.
- Xiaomi announced an independent automotive safety research center, but available reporting does not link the news to the share decline.