China’s Xiaomi secures seven cornerstone investors for $6.1 billion Hong Kong IPO

HONG KONG (Reuters/IFR) – Chinese smartphone maker Xiaomi Corp has lined up $548 million from seven cornerstone investors including U.S. chipmaker Qualcomm Inc for its Hong Kong IPO of up to $6.1 billion, according to a term sheet seen by Reuters.
( read original story …)

Related Post