Xiaomi 14 series sells like hotcakes, Xiaomi stock price hits a new high since the end of March last year.

Xiaomi's 14 series flying off the shelves, stock price reaches highest point since March 2020.

[Mobile China News] At the end of October, Xiaomi held a product launch event, officially bringing its flagship digital series – the Xiaomi 14 series. Currently, the Xiaomi 14 series has two models, with the Xiaomi 14 standard version starting at 3999 yuan and the Xiaomi 14 Pro starting at 4999 yuan. According to official information, the first-day sales of the Xiaomi 14 series is about 6 times that of the Xiaomi 13 series. Phone China noticed that perhaps due to the strong sales of the 14 series, Xiaomi’s stock price has reached a new high since March last year.

Xiaomi 14 series sales surge, Xiaomi stock price reaches new high since March last year

Currently, Xiaomi Group-W has risen by 4.5% to HKD 14.86, reaching a new high since the end of March 2022. According to official reports, the sales of the Xiaomi 14 series in the first 5 minutes were 600% of the sales of the previous Xiaomi 13 series. In the first 4 hours of sales, it broke the record for “all-day sales volume and sales amount” of domestic smartphones on four major e-commerce platforms in nearly a year. According to data from the JD platform, the first-day sales of the Xiaomi 14 surpassed that of the iPhone 15 Pro, breaking the platform’s single-product sales record in the past year.

On the evening of November 1st, Xiaomi’s founder, Chairman, and CEO Lei Jun wrote, “Currently, the number of orders has far exceeded expectations. Coupled with the pressure of order processing and logistics during the Double 11 period, it may take a few days to receive the goods. Please understand. In addition, we have significantly increased the production capacity in the first month, striving to allow everyone to buy the desired model as soon as possible.” “If the e-commerce platforms do not have the Xiaomi 14 model you want, you can visit nearby Xiaomi stores.”

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