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In June 2018, Xiaomi became a public company via an initial public offering on the Hong Kong Stock Exchange, raising $4.72 billion. [ 68 ] On 7 August 2018, Xiaomi announced that Holitech Technology Co. Ltd., Xiaomi's top supplier, would invest up to $200 million over the next three years to set up a major new plant in India.
BEIJING/HONG KONG (Reuters) - Chinese smartphone and connected device maker Xiaomi is bringing its blockbuster initial public offering to Hong Kong, where it could raise about $10 billion (7.36 ...
HONG KONG (Reuters/IFR) - Chinese smartphone maker Xiaomi Corp is planning to raise up to $6.1 billion from a Hong Kong IPO launching this week, people with knowledge of the matter said, in what ...
Central Leading Group on Hong Kong and Macau Affairs Leader: Ding Xuexiang. HK & Macau Affairs Office Director: Xia Baolong; Hong Kong Liaison Office; Macau Liaison Office; One country, two systems. Special administrative regions
Xiaomi's Hong Kong-listed stock has risen sharply in recent months on its EV success. The smartphone maker launched its first EV, the SU7, almost a year ago. Xiaomi aims to deliver 300,000 ...
Users noted that topics such as the 1989 Tiananmen Square protests and massacre or Free Hong Kong are censored on the platform. [35] [48] Following the growth in users from the United States, Xiaohongshu was said to be exploring adjusting its content review processes as American influencers began sharing posts. [35]
Hong Kong-listed shares in Alibaba, Tencent and Xiaomi extended gains in afternoon trade on the news. Xiaomi finished at a record high with a 7% gain. Tencent also closed 7% higher while Alibaba ...
5Y Capital was founded in 2008 by Ken Shi and Richard Liu under the name, Morningside Venture Capital. [1] [3] [6]Prior to founding the firm, Liu and Shi worked as investment professionals at the Morningside Group, a family office founded in 1986 by Gerald Chan and his family.