That puts the company co-founded by billionaire Lei Jun on pace to become the worst first-day performance for a $1 billion-plus Hong Kong IPO since 2011. Xiaomi’s market value is now in the neighborho... ( read original story ...)
Smartphone maker Xiaomi drops 2.9% in Hong Kong IPO debut
Xiaomi's shares dropped 2.9% on debut in Hong Kong on Monday, in a blow to investor sentiment for the tech sectorREUTERS | July 09, 2018, 08:53 IST Chinese smartphone maker Xiaomi's shares dropped 2.9 ... ( read original story ...)
Shares of Chinese smartphone maker Xiaomi open for trade below IPO price
Xiaomi debuted for trade in Hong Kong below its IPO price. The company’s Hong Kong offering was priced at 17 Hong Kong dollars, which was on the low end of the expected range. Xiaomi has thrived in Ch... ( read original story ...)
Chinese Smartphone Maker Xiaomi Falls in Hong Kong Trading Debut
That is far short of the oversubscription rates for other tech IPOs in Hong Kong. Orders for a separate block for foreign investors only slightly exceeded the amount offered. Xiaomi’s debut comes at a ... ( read original story ...)
Xiaomi Stock Drops on its first day of Hong Kong IPO debut
Xiaomi has made a less than impressive start on the Hong Kong stock market after its stock dropped on the first day of trading. The company’s shares fell below 2% of the IPO listing price today, after ... ( read original story ...)
Xiaomi drops on Hong Kong IPO debut as investors question internet vision
Xiaomi Corp fell as much as 2.9 percent on its debut, as fears of an escalating trade war and uncertainty about its valuation combined to dampen Hong Kong’s biggest coming-out party in two years. The ... ( read original story ...)
Xiaomi shares dropped by 2.9 percent on the first day of its IPO listing
Xiaomi priced its Hong Kong initial public offering (IPO) at HK$17 per share, the bottom of an indicative range. Chinese smartphone maker Xiaomi Corp’s (1810.HK) shares dropped 2.9 percent on debut in ... ( read original story ...)
Smartphone maker Xiaomi’s shares open 2.9% down on debut in Hong Kong
Xiaomi priced its Hong Kong initial public offering (IPO) at HK$17 per share, the bottom of an indicative range, raising $4.72 billion in the world's biggest technology float in four years. Chinese sm... ( read original story ...)
Xiaomi shares drop after poor Hong Kong debut
Hong Kong, July 9 (IANS) In a disappointing start, Chinese smartphone maker Xiaomi’s shares nose dropped nearly five per cent on Monday after the company debut its IPO at the Hong Kong Exchange at bot... ( read original story ...)
Shares in China’s Xiaomi dip on Hong Kong debut
Shares in Chinese smartphone giant Xiaomi fell on their Hong Kong debut Monday but they managed to bounce back from an early plunge, following a long-awaited initial public offering overshadowed by Ch... ( read original story ...)
Xiaomi shares drop in Hong Kong debut
Xiaomi made a bad start to its trading debut in Hong Kong on Monday. Shares in the Chinese smartphone maker dropped 4.8% from their listing price, which was already at the bottom of the range the comp... ( read original story ...)
With Xiaomi’s deflated IPO, can Hong Kong live up to the hype of a market for new economy listings?
When shares of Xiaomi, the world’s fourth-largest smartphone maker, trade on Monday, will they deliver a performance strong enough to wipe off the blemish of a disappointing subscription demand and we... ( read original story ...)
Shadow banking – ‘a time bomb in the making’
It's not empty talk or something that can be totally ruled out, given the exponential growth in the shadow banking business in Hong Kong mortgage market over the years. There's also the popular percep... ( read original story ...)
Hong Kong government will double size of planned public annuity scheme if demand surges, finance chief says
Hong Kong’s government would double the size of a public annuity scheme for pensioners if the strong initial interest in the offer translated into oversubscription, the city’s financial chief said on ... ( read original story ...)