Chinese smartphone manufacturer Xiaomi is planning an initial public offering (IPO) on the Hong Kong Stock Exchange that could raise as much as $10 billion from the sale of a minority stake in the ...

Xiaomi’s shares plunged nearly 7% on the Hong Kong stock exchange after the smartphone ... platform to order Xiaomi products from retail stores from the comfort of their homes.

The rebound more than made up for the worst first-day performance by a $1 billion-plus Hong Kong IPO since 2015. In the long run, Xiaomi needs to convince investors that it’s capable of shedding ...

A record-setting US$3.9bn top-up placement and convertible bond from Chinese smartphone maker Xiaomi helped Hong Kong close the gap with the larger US equity market as the fundraising venue of choice ...