Xiaomi to list in HK

Xiaomi, one of China’s biggest smartphone makers, has picked Hong Kong for its public listing.

In what could be the largest initial public offering (IPO) this year, it is reported to be raising US$10 billion.

While other smartphone makers struggled in China in Q1, Xiaomi bucked the trend and grew 37 percent to 12 million units, according to Canalys.

One thought on “Xiaomi to list in HK

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.