小米數十億股票解禁，市值蒸發140億美元，仍比蘋果高近4成

Xiaomi sinks after billions of shares unlocked for sale

小米數十億股票解禁待售後，其股價下跌

素材來源：彭博社 翻譯：世界播

Many Xiaomi Corp. investors, who could only watch as the stock shed $14 billion in market value, are now able to join in on the selling.

許多小米公司的投資者只能眼睜睜地看著該股市值蒸發140億美元，現在他們也能參與拋售了。

Expiring Wednesday was the six-month lockup period that followed the company』s Hong Kong debut, during which some employees and cornerstone investors were banned from disposing of their allocated shares.

該公司在香港上市後的6個月禁售期於周三到期。在此期間，一些員工和基石投資者被禁止出售其配售的股票。

It』s been painful: Xiaomi has dropped to HK$10.58 from a listing price of HK$17, falling another 4.7 percent by 1:17 p.m. local time.

這真是太令人痛苦了:小米的股價從17港元跌至10.58港元，截至當地時間下午1點17分又下跌了4.7%。

More than 3 billion shares were unlocked, equal to about 19 percent of those outstanding, according to data compiled by Bloomberg.

根據彭博社收集的數據顯示，超過30億股股票被解禁，相當於已發行股票的19%左右。

The lockup period for controlling shareholders -- such as chairman and founder Lei Jun -- was extended Wednesday for another 365 days, Xiaomi said in a statement. It was previously due to expire in July.

小米在一份聲明中表示，控股股東(如董事長兼創始人雷軍)的禁售期周三又延長了365天。該協議原定於今年7月到期。

Touted by bankers last year as China』s answer to Apple Inc., Beijing-based Xiaomi sought a valuation that would have made it the most expensive smartphone maker in the world.

總部位於北京的小米去年被銀行家們吹捧為中國版的蘋果公司，該公司上市之際尋求的估值能讓它成為全球最昂貴的智能手機製造商。

The stock trades at 17 times projected 12-month earnings, less than half its July multiple. It』s still 37 percent more expensive than Apple, which is reeling from its worst quarterly rout in more than a decade.

該股目前基於12個月預期收益的市盈率為17倍，不到去年7月的一半，但在蘋果遭遇了十多年來最嚴重的季度暴跌後，小米的估值仍然比蘋果高出37%。

To be sure, longer-term investors may want to hold on to Xiaomi』s shares rather than dump them at a loss. Analysts on average still predict Xiaomi will rebound to its IPO price.

當然，長線投資者可能希望持有小米的股票，而不是虧本賣出。分析師的平均預測仍然是小米股價會回升至發行價。

Hedge funds have been increasing their bearish bets, with almost 30 million shares sold short Tuesday, the most since August.

對沖基金一直在增持空頭頭寸，周二賣空股票數量接近3，000萬股，為8月份以來最高。

Xiaomi attracted the likes of China Mobile Ltd. and U.S. wireless-chip giant Qualcomm Inc. as cornerstone investors last year.

小米去年吸引了中國移動和美國無線晶元巨頭高通等公司作為基石投資者。

喜歡這篇文章嗎？立刻分享出去讓更多人知道吧！