XIAOMI-W experienced a notable decline in its stock price, falling more than 4% to HK$57.05, with trading volume exceeding HK$5.8 billion.

On the news front, Xiaomi held its new product launch event on September 25, unveiling the Xiaomi 17 series alongside various technology and home appliance products. The pricing structure for the complete Xiaomi series includes the base Xiaomi 17 model starting at 4,499 yuan, the 17 Pro beginning at 4,999 yuan, and the Xiaomi 17 Pro Max priced from 5,999 yuan for the 12GB+512GB configuration.

During the event, Lei Jun addressed the comparison between the iPhone 17 and Xiaomi 17, acknowledging that the iPhone 17 performs exceptionally well and noting that this latest update has been described as a significant improvement. However, he emphasized that the iPhone 17 still falls short of the Xiaomi 17 in terms of hardware specifications. Additionally, Xiaomi announced the launch of automotive customization services, with plans to develop 100 different paint options over the next three years.