Xiaomi Applies for IPO
Xiaomi Applies for IPO

Xiaomi Applies for IPO

Xiaomi Applies for IPO

China’s securities regulator has received on June 7 an application from smartphone and connected device maker Xiaomi for its initial share offering in China, a filing on the regulator’s website showed. Xiaomi, which submitted its IPO prospectus in Hong Kong last month, is likely to be one of the first Chinese tech firms listed abroad to seek a secondary listing at home through new Chinese Depositary Receipts, Reuters reported. Xiaomi plans to raise up to 30% of its targeted $10 billion offering by selling shares in mainland China and offer the rest in Hong Kong, according to people with knowledge of the matter. The proposal is under regulatory review, the China Securities Regulatory Commission said on its website without offering further details including how much Xiaomi might raise through a mainland offering.


Short URL : https://goo.gl/EeahzL
  1. https://goo.gl/GTjnmn
  • https://goo.gl/m2TDZC
  • https://goo.gl/Qjbn7s
  • https://goo.gl/AqMmnp
  • https://goo.gl/ahjkVg

You can also read ...

Support for  Forex Measures
The head of Competition Council welcomed efforts made by the...
The looming crisis in the emerging markets, set off by the run on the Turkish lira, has had a more direct impact on the Iranian rial than anything the US has claimed.
Since the beginning of the fiscal 2018-19, the Iranian rial...
Yu Chang Hwang (L) and Mohammad Reza Bakhtiari
South Korea’s new ambassador to Iran, Yu Chang Hwang, said...
UK Firm: Progress Made With Iran Airport Contract
UK-based security solutions supplier Westminster Group said it...
Without Waivers, US Sanctions on Iran Will Cripple Iraq
Iraqi officials, struggling to form a new government months...
Uber in Talks to Buy Food-Delivery Company
Uber Technologies Inc. is in early talks to buy food-delivery...
CBI: Currency Inflow Growing Steadily
Governor of the Central Bank of Iran said on Saturday that...
Aston Martin Aims to Steer  Around Brexit to $6.7b IPO
Luxury British carmaker maker Aston Martin is seeking a price...

Add new comment

Read our comment policy before posting your viewpoints