Tuesday, June 19, 2018

Xiaomi postpones plan to sell shares in China alongside Hong Kong IPO

Chinese smartphone giant Xiaomi has shelved a plan to sell shares in China in conjunction with its imminent Hong Kong IPO. The company will instead go public in Hong Kong first and consider the potential for a Chinese offering at a later date. The change in strategy was confirmed in a message posted to Xiaomi’s Weibo account without […]

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