Source: Tech – South China Morning PostXiaomi shares came under pressure after the smartphone maker said its co-founder and vice-chairman plans to sell up to US$2 billion worth of shares starting from December 2026, stoking investor concerns over future supply.
The company said in a voluntary filing on Sunday night that Lin Bin intended to offload class B shares, with sales capped at US$500 million in any rolling 12-month period and the total disposal amount not to exceed US$2 billion. Xiaomi said the proceeds were mainly earmarked…Read More