Xiaomi targeting $100 billion IPO later this year

The IPO could value the Chinese OEM at $100 million ... The float would be the first time the Beijing giant has sold shares to the public. The incredible $100 billion figure would see Xiaomi overshadow IPOs from numerous major technology firms, such ... ( read original story ...)

Tot learning turns big business

Michael Moe, founder of Global Silicon Valley, a US-based education and technology investment bank, said, "China's education business, especially the potential in the early-stage segment, is frequently talked about. In China, you don't need to worry about ... ( read original story ...)

China’s GAC to scrap Trump-sounding brand for US market

DETROIT — Chinese automaker GAC Motor will scrap the brand name it uses in China when it enters the U.S. market next year because it could be confused with President Donald Trump's surname. For the past eight years, GAC has sold cars and SUVs under the ... ( read original story ...)

Xiaomi is picking banks for an IPO worth up to $100 billion

Xiaomi, one of the biggest smartphone brands in China, is picking banks ahead of an IPO at a possible valuation of $100 billion (£72.3 billion). According to Bloomberg, Morgan Stanley, Goldman Sachs, Credit Suisse, and Deutsche Bank are all working on the ... ( read original story ...)

Xiaomi, Lufax Test IPO Investors’ Credulity

Investors, beware Hong Kong's crazy tech IPOs. The market is facing a $160 billion trial balloon. That's the combined valuation bankers are pitching for initial public offerings by China's Xiaomi Corp. and Lufax this year. With Xiaomi now appointing Wall ... ( read original story ...)