Xiaomi wants to raise over $6 billion in Hong Kong IPO
Chinese smartphone maker Xiaomi files for IPO
Xiaomi, one of the world's leading smartphone makers, is hoping to raise more than $6 billion by selling shares for a stock market listing in Hong Kong next month.
The Chinese tech firm announced the planned value of the listing Saturday. It's less than the $10 billion Xiaomi was reportedly hoping to achieve a few weeks ago, but would still make it the world's biggest initial public offering (IPO) in nearly two years.Source: Google News Hong Kong | Netizen 24 Hong Kong