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Wireless

Xiaomi sets IPO price range, signs up 7 key investors

Thursday 21 June 2018 | 08:50 CET | News
Chinese smartphone maker Xiaomi has set a price range for its IPO in Hong Kong and lined up seven key investors to participate in the offering, according to a term sheet seen by Reuters. The shares will be sold at a price of HKD 17-22 each, and seven investors including Qualcomm and China Mobile will buy a combined 10 percent stake in the group during the IPO. 

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Categories: Mobile & Wireless
Companies: China Mobile / Qualcomm / Xiaomi
Countries: China
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