Finally, after a lot of back and forth, Xiaomi has gone live on the Hong Kong stock exchange giving the kick-start to one of the largest Initial Public Offerings (IPO) of the world right now. The latest news has surfaced after the Chinese tech giant scraped its plan of listing on the Shanghai stock exchange. The company which has eyed the IPO for quite some time now plans to raise... Read More
Xiaomi, one of the Chinese smartphone majors, on Thursday applied to sell shares in Hong Kong, bringing to the city what is expected to be the world’s biggest IPO this year. The company submitted an IPO application to the Hong Kong Exchanges & Clearing Limited under new listing regulations for technology start-ups. Though the filing doesn’t reveal the financial terms, the Beijing based company is planning to raise at least... Read More
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