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Xiaomi to offer about 2.18 bln shares at HKD17-22 per share

June 26, 2018


Abstract : Beijing-based smart phone maker Xiaomi on June 25 updated its listing prospectus, to offer 2.18 billion shares in one of the biggest global stock market debuts in recent years.

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BEIJING, June 26 (Xinhua) -- The Beijing-based smart phone maker Xiaomi on June 25 updated its listing prospectus, to offer 2.18 billion shares in one of the biggest global stock market debuts in recent years.

This will include 1.434 billion new shares and 745 million old shares at the prices of 17-22 Hong Kong dollars per share.

Xiaomi shares will start trading on Hong Kong's stock exchange on July 9 under the code of (01810.HK).

The initial public offering in Hong Kong would value as much as 48.476 billion to 62.734 billion U.S. dollars based upon the price of 17-22 Hong Kong dollars per share. (Edited by Niu Huizhe, niuhuizhe@xinhua.org)

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Keyword: Xiaomi

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