Xiaomi sputters with Hong Kong market listing | Money Talks

622 views · Published 10 July 2018 · 4:04 · Indexed 23 September 2026

Channel: TRT World · 2018 · News & Politics

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It was one of the most anticipated IPOs of the year, but Xiaomi has fallen short of all the hype. Reports say the Chinese smartphone maker had hoped to raise $10 billion but had to settle for less than half that in the end. Patrick Fok explains what went wrong and gives us an update on Xiaomi's debut on the Hong Kong stock exchange.


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