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Xiaomi Executive with $80 Billion Fortune Plans Up to $2 Billion Share Sale

Xiaomi Group announced on the Hong Kong Stock Exchange on December 28 that Lin Bin, the company's co-founder, executive director, and vice chairman, plans to sell up to $500 million worth of the...

Xiaomi Executive with $80 Billion Fortune Plans Up to $2 Billion Share Sale

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The cumulative total value of the sales will not exceed $2 billion. Lin Bin stated that he remains confident in the group's business prospects and is committed to serving the company over the long term.</p>\n<p>According to information obtained from sources close to Xiaomi Group, Lin Bin intends to establish an investment fund to invest in emerging technology, sports, and other industries, which is the reason for his planned share reduction.</p>\n<p>It is noteworthy that this is not the first time Lin Bin has reduced his stake in Xiaomi.\nIn June of last year, Lin Bin sold approximately HK$1.79 billion worth of Xiaomi shares in succession, sparking discussions about a potential breach of his share sale commitment. Lin Bin clarified at the time that his foundation was established in 2019, and all of the foundation's assets are designated solely for charitable, public welfare, educational, and scientific research donation projects, and cannot be used for any personal enjoyment. In 2020, Lin Bin donated 120 million Xiaomi shares to the foundation (of which 60 million shares were later donated to the Xiaomi Foundation). At that time, he committed to not selling any more Xiaomi shares for five years. As of now, the five-year no-sale commitment made in September 2020 has expired.</p>\n<p>According to Xiaomi Group's official website, Lin Bin co-founded the company with Lei Jun in 2010, serving as the company's president until 2019, after which he assumed the role of vice chairman. Within Xiaomi Group's management hierarchy, Lin Bin holds the second-highest position,仅次于 founder, chairman, and CEO Lei Jun.</p>\n<p>On the 2025 Hurun Global Rich List, Lin Bin ranked 219th with a fortune of 80 billion yuan.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Xiaomi Executive with $80 Billion Fortune Plans Up to $2 Billion Share Sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXiaomi Executive with $80 Billion Fortune Plans Up to $2 Billion Share Sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039043262\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Deep News </p>\n<p class=\"h-time\">2025-12-28 22:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Xiaomi Group announced on the Hong Kong Stock Exchange on December 28 that Lin Bin, the company's co-founder, executive director, and vice chairman, plans to sell up to $500 million worth of the company's Class B ordinary shares every 12 months starting from December 2026. The cumulative total value of the sales will not exceed $2 billion. Lin Bin stated that he remains confident in the group's business prospects and is committed to serving the company over the long term.</p>\n<p>According to information obtained from sources close to Xiaomi Group, Lin Bin intends to establish an investment fund to invest in emerging technology, sports, and other industries, which is the reason for his planned share reduction.</p>\n<p>It is noteworthy that this is not the first time Lin Bin has reduced his stake in Xiaomi.\nIn June of last year, Lin Bin sold approximately HK$1.79 billion worth of Xiaomi shares in succession, sparking discussions about a potential breach of his share sale commitment. Lin Bin clarified at the time that his foundation was established in 2019, and all of the foundation's assets are designated solely for charitable, public welfare, educational, and scientific research donation projects, and cannot be used for any personal enjoyment. In 2020, Lin Bin donated 120 million Xiaomi shares to the foundation (of which 60 million shares were later donated to the Xiaomi Foundation). At that time, he committed to not selling any more Xiaomi shares for five years. As of now, the five-year no-sale commitment made in September 2020 has expired.</p>\n<p>According to Xiaomi Group's official website, Lin Bin co-founded the company with Lei Jun in 2010, serving as the company's president until 2019, after which he assumed the role of vice chairman. Within Xiaomi Group's management hierarchy, Lin Bin holds the second-highest position,仅次于 founder, chairman, and CEO Lei Jun.</p>\n<p>On the 2025 Hurun Global Rich List, Lin Bin ranked 219th with a fortune of 80 billion yuan.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"81810":"小米集团-WR","LU0650527681.SGD":"Fidelity China Consumer A-SGD","HXXD.SI":"Xiaomi HK SDR 2to1","LU1961090484.USD":"ALLIANZ ALL CHINA EQUITY \"A\" (USD) INC","LU0823413587.USD":"BNP PARIBAS EMERGING EQUITY \"C\" (USD) ACC","LU1303224171.USD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (USD) INC","LU2257852520.SGD":"JPMorgan Funds - Asia Growth A (acc) SGD","LU0348825331.USD":"ALLIANZ CHINA EQUITY \"A\" (USD) INC","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","LU0871576103.HKD":"HSBC GIF CHINESE EQUITY \"AC\" (HKD) ACC","LU0918141705.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AM\" (HKD) INC","LU1794554557.SGD":"Allianz All China Equity AT Acc H2-SGD","LU0499858438.USD":"NINETY ONE GSF ASIA PACIFIC EQUITY OPPORTUNITIES \"A\" (USD) INC","LU0169518387.USD":"JPM ASIA EQUITY \"A\" ACC","LU2476274720.SGD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"AT\" (SGDHDG) ACC","BK1610":"ETF&股票定投概念","01810":"小米集团-W","LU0675040207.SGD":"JPM ASIA PACIFIC EQUITY \"A\" (SGD) ACC","LU0823413660.USD":"BNP PARIBAS EMERGING EQUITY \"C\" (USD) INC","BK1575":"同股不同权","LU0441854154.USD":"JPM ASIA PACIFIC EQUITY \"A\" (USD) ACC","LU0823397103.USD":"BNP PARIBAS SUSTAINABLE ASIA EX-JAPAN EQUITY \"C\" (USD) ACC","LU1328277881.USD":"MANULIFE GF DRAGON GROWTH FUND \"AA\" (USD) INC","LU0823397285.USD":"BNP PARIBAS SUSTAINABLE ASIA EX-JAPAN EQUITY \"C\" (USD) INC","LU1981816686.USD":"EASTSPRING INV ASIAN MULTI FACTOR EQUITY \"A\" (USD) ACC","LU0314109678.HKD":"MANULIFE GF DRAGON GROWTH \"AA\" (HKD) INC","LU0051755006.USD":"摩根大通中国A (dist)","LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","BK1506":"5G概念","LU0449509016.USD":"HSBC GIF BRIC EQUITY \"AC\" (USD) ACC","LU0572944931.SGD":"Janus Henderson Horizon China Opportunities A2 SGD","LU1481107354.HKD":"HSBC GIF HONG KONG EQUITY \"AD\" (HKD) INC","LU0210526637.USD":"JPM CHINA \"A\" (USD) ACC","LU0326950275.SGD":"Schroder ISF China Opportunities A Acc SGD-H","LU0254981946.USD":"HSBC GIF BRIC MARKETS EQUITY \"AC\" (USD) ACC","LU0594300179.USD":"FIDELITY CHINA CONSUMER \"A\" (USD) ACC","LU0700851271.USD":"NINETY ONE GSF EMERGING MARKETS MULTI-ASSET \"A\" (USD) ACC","LU1868837565.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES \"1\" (USD) ACC","LU2476274308.USD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"AT\" (USD) ACC","LU0918141887.USD":"安联亚洲实际收益股票基金","LU0164865239.USD":"HSBC GIF CHINESE EQUITY \"AC\" (USD) ACC","LU0084288322.USD":"Natixis Asia Equity RD USD","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC  NC","LU0708995583.HKD":"TEMPLETON CHINA \"A\" (HKD) ACC","LU0143863784.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES\"DU\" (USD) ACC","LU1813983027.USD":"MANULIFE GF DRAGON GROWTH \"AA\" (USD) INC","LU0327786744.USD":"Janus Henderson Horizon China Opportunities A2 USD","LU0345775950.USD":"NINETY ONE GSF ASIAN EQUITY \"A\" (USD) ACC","LU2399975544.HKD":"ALLIANZ ALL CHINA EQUITY \"AT\" (HKD) ACC","LU0164872284.USD":"HSBC GIF GLOBAL EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0531970944.HKD":"HSBC GIF BRIC EQUITY \"AC\" (HKD) ACC","LU1323998911.USD":"BGF ASIAN MULTI-ASSET INCOME \"A\" (USD) ACC","LU0823426480.USD":"法巴中国股票经典Dis","LU0594300419.USD":"富达中国消费基金A","LU0164880469.USD":"HSBC GIF HONG KONG EQUITY \"AC\" ACC","LU0348827113.USD":"ALLIANZ RCM CHINA \"AT\" ACC","LU0143863198.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES\"AU\" (USD) ACC","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","LU0054450605.USD":"HSBC GIF GLOBAL EMERGING MARKTS EQ \"AD\" INC","LU0359202008.SGD":"Blackrock China Fund A2 SGD-H","LU0456846285.SGD":"JPMorgan Funds - 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The cumulative total value of the sales will not exceed $2 billion. Lin Bin stated that he remains confident in the group's business prospects and is committed to serving the company over the long term.\nAccording to information obtained from sources close to Xiaomi Group, Lin Bin intends to establish an investment fund to invest in emerging technology, sports, and other industries, which is the reason for his planned share reduction.\nIt is noteworthy that this is not the first time Lin Bin has reduced his stake in Xiaomi.\nIn June of last year, Lin Bin sold approximately HK$1.79 billion worth of Xiaomi shares in succession, sparking discussions about a potential breach of his share sale commitment. Lin Bin clarified at the time that his foundation was established in 2019, and all of the foundation's assets are designated solely for charitable, public welfare, educational, and scientific research donation projects, and cannot be used for any personal enjoyment. In 2020, Lin Bin donated 120 million Xiaomi shares to the foundation (of which 60 million shares were later donated to the Xiaomi Foundation). At that time, he committed to not selling any more Xiaomi shares for five years. As of now, the five-year no-sale commitment made in September 2020 has expired.\nAccording to Xiaomi Group's official website, Lin Bin co-founded the company with Lei Jun in 2010, serving as the company's president until 2019, after which he assumed the role of vice chairman. Within Xiaomi Group's management hierarchy, Lin Bin holds the second-highest position,仅次于 founder, chairman, and CEO Lei Jun.\nOn the 2025 Hurun Global Rich List, Lin Bin ranked 219th with a fortune of 80 billion yuan.","news_type":1,"symbols_score_info":{"81810":1,"HXXD.SI":1,"XIACY":1,"MIUmain":1,"01810":1}},"isVote":1,"tweetType":1,"viewCount":0,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":35,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}