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14/10/2026 13:00

Xiaomi rises 5% to become blue chip leader, Apple launches smart home products

  {Economic Information Daily, 14th exclusive} Xiaomi (01810) is currently up 5.51%, trading at HK$26.42, marking its second consecutive day of gains with a cumulative increase of 7.75%. The stock has traded approximately 140 million shares, amounting to HK$3.63 billion.

  Apple (US.AAPL) unveiled new smart home products on Tuesday (13th), launching the HomeView smart home display and the new generation Apple TV 4K. Both products are centered around the artificial intelligence assistant Siri AI and are scheduled to be released on November 13. The HomeView features a 7-inch Liquid Retina display, available in both tabletop and wall-mounted versions, priced at $299. The device integrates entertainment, FaceTime calls, and smart home control functions, and can recognize up to six family members via facial recognition to deliver personalized content. Pre-orders for the product are now open, although it will not be launched in the European Union due to Siri AI currently being unavailable on iOS systems in the EU.

  Meanwhile, Xiaomi's latest 'Smart Switch 2 Pro' has already been listed and will begin crowdfunding on the 19th of this month, with online crowdfunding reservations starting today. The crowdfunding price is RMB 114, which is RMB 35 cheaper than the suggested retail price of RMB 149. Earlier, Xiaomi launched the 'Smart Switch 2' in September, priced at RMB 79 for home users, slightly more expensive than the crowdfunding price of RMB 69.

  The 'Smart Switch 2 Pro' supports control via physical buttons, remote operation through the Mi Home app, and voice control via Xiao Ai Tongxue, and is labeled as compatible with Xiaomi's HyperOS Smart Connect and 'connected to Mi Home'.

  Currently, the Hang Seng Index stands at 24,401, up 55 points or 0.2%, with turnover on the main board nearing HK$72.9 billion. The HSCEI is at 8,199, up 24 points or 0.3%. The Hang Seng Tech Index is at 4,194, up 58 points or 1.4%. (hc)
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