Tag Archives: Kong

Xiaomi IPO: Xiaomi’s Weak Hong Kong Debut Casts Shadow on Tech Listings

July 9, 2018 Comments Off on Xiaomi IPO: Xiaomi’s Weak Hong Kong Debut Casts Shadow on Tech Listings

HIGHLIGHTS Xiaomi Corp’s shares fell as much as 6 percent on debut Xiaomi priced its Hong Kong IPO at HKD 17 per share The Sino-US trade dispute has roiled financial markets Chinese smartphone maker Xiaomi Corp’s shares fell as much as 6 percent on debut in Hong Kong due to valuation concerns, delivering a blow to investor sentiment in the tech sector ... Read More »

Xiaomi IPO: Xiaomi Falls Then Rises in Hong Kong Debut

July 9, 2018 Comments Off on Xiaomi IPO: Xiaomi Falls Then Rises in Hong Kong Debut

Xiaomi Corp. shares slipped and then rebounded Monday in the Chinese smartphone maker’s first trading day in Hong Kong following a multibillion-dollar initial public offering. Trading opened at 16.60 HKD ($2.11) per share, below Xiaomi’s offering price of 17 HKD ($2.17). Shares lostabout 4 percent in early trading but rebounded to 17 HKD ($2.17) at midday. Xiaomi, which helped to pioneer the ... Read More »