Chinese Smartphone Maker Xiaomi Delays $10 Billion IPO on Regulatory Issues

Chinese smartphone maker Xiaomi Corp will invest more than 50 billion yuan ($7.18 billion) in artificial intelligence and fifth generation internet technologies over the next five years, as competition in the sector grows......»»

Chinese smartphone maker Xiaomi Corp announced a HK$12 billion ($1.53 billion) share buyback plan on Tuesday, in a reversal of its cash-management strategy that is aimed at boosting its floundering stock......»»

Chinese smartphone maker Xiaomi Corp said on Tuesday it will buy back up to HK$12 billion ($1.53 billion) worth of stock in its biggest equity repurchase, sending its shares up nearly 7%......»»

BEIJING/HONG KONG (Reuters) - Chinese smartphone and connected device maker Xiaomi [IPO-XMGP.HK] is bringing its blockbuster initial public offering to Hong Kong, where it could raise about $10 billion in the largest listing globally in almost four years......»»

Chinese smartphone and connected device maker Xiaomi is bringing its blockbuster initial public offering to Hong Kong, which could raise about $10 billion in the largest listing globally in almost four years. Ed Giles reports......»»

The Chinese smartphone maker is targeting a valuation of between $70 billion and $80 billion, a range lower than the $100 billion that was previously discussed......»»

Xiaomi Corp., the Chinese smartphone maker that is gearing up for a Hong Kong initial public offering, is targeting a valuation of between $70 billion and $80 billion, according to people familiar with the matter......»»

HONG KONG (Reuters) - Chinese smartphone maker Xiaomi booked a first-quarter net loss of 7 billion yuan ($1.09 billion) ahead of its blockbuster initial public offering......»»

Chinese smartphone and gadget maker Xiaomi lost money in the first three months of the year, the company revealed in new filings ahead of its coming stock listing that is expected to value the company at about $70 billion......»»

Chinese smartphone and gadget maker Xiaomi Corp. lost money in the first three months of the year, the company revealed in new filings ahead of its coming stock listing that is expected to value the company at about $70 billion......»»

REUTERS/Edgard Garrido The Chinese smartphone maker Xiaomi recorded a quarterly net loss of $1.09 billion USD. The .....»»

HONG KONG (Reuters/IFR) - Chinese smartphone maker Xiaomi is planning to raise up to $6.1 billion from a Hong Kong IPO launching this week, people with knowledge of the matter said, in what will be one of the biggest tech floats globally of recent years......»»

Chinese smartphone maker Xiaomi is planning to raise up to $6 billion in its initial public offering next month, down from the $10 billion previously expected after plans for a dual offering on mainland China were scuttled......»»

ChinaFotoPress/Getty Images Chinese smartphone maker Xiaomi gave its CEO and founder one of the largest executive bonuses in history. CEO Lei Jun rece.....»»

HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Corp said on Saturday there is no timeframe for a mainland share offering and the company has no disagreement with the China Securities Regulatory Commission......»»

Xiaomi, the Chinese smartphone maker whose value may hit $70 billion, gave its founder and chief executive a token of its appreciation: $1.5 billion in stock, no strings attached, in one of the largest corporate paydays in history......»»

The Chinese smartphone maker is trying to become a worldwide hardware-and-services brand alongside Apple, Google and Amazon......»»

The Chinese smartphone maker has priced its offering at 17 Hong Kong dollars ($2.17) per share, giving it a market valuation of around $54 billion, compared with initial expectations of $100 billion......»»

The public offering values the Chinese smartphone maker at $54 billion, just $9 billion more than its most recent valuation in 2014......»»

Chinese smartphone maker Xiaomi priced a $4.7 billion initial public offering at the bottom of its target range, pulling off one of 2018’s largest IPOs despite investor skepticism about its growth prospects......»»