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01 Apr, 2020
Chinese Smartphone Maker Xiaomi Falls on Its Debut in Hong Kong
Shares of Chinese smartphone maker Xiaomi Corp. opened to trade in Hong Kong on Monday and fell below its IPO price.The initial public offering price of Xiao was HK 17 per share, which is at the low end of an expected range. It gave Xiaomi a valuati..
Xiaomi Sets Terms for $6.1 Billion Hong Kong IPO
Xiaomi has set initial tentative terms for the world’s biggest initial public offering with potential to raise up to $6.1 billion in Hong Kong. The Chinese smartphone maker plan to offer 2.18 billion shares at HK$17 to HK$22 each, with talks w..
Nokia and Xiaomi Signed Patent Agreement
Finland-based Nokia Oyj (NYSE: NOK) and Chinese smartphone marker Xiaomi on Wednesday announced that they signed a patent agreement to develop new technologies and explore opportunities.Under the deal, the two companies inked a cross license to each..
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