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

Xiaomi had been looking forward to raising $10 billion in two IPOs, one in Hong Kong and one in Shanghai. But the Chinese smartphone maker has delayed its Shanghai offering while it sorts out a........»»

Category: blogSource: 247wallstJun 19th, 2018

Chinese Smartphone Maker Xiaomi Falls in Hong Kong Trading Debut

Shares in Chinese smartphone maker Xiaomi, which raised $4.7 billion in one of Hong Kong’s largest tech initial public offerings in recent years, fell on their debut as the broader market rose......»»

Category: asiaSource: wsjJul 9th, 2018

Chinese Smartphone Maker Xiaomi’s Monster IPO Flops on Its First Day of Trading

Xiaomi’s market value is now in the neighborhood of $50 billion, a far cry from the $100 billion touted last year. Xiaomi Corp. fell as much as 6% on its debut, as an escalating trade war and uncertainty ab.....»»

Category: europeSource: fortuneJul 9th, 2018

Phone-maker Xiaomi is investing $10 billion in a new electric vehicle unit as Apple and Huawei stay silent on their EV plans

Xiaomi said it would develop smart electric vehicles through a wholly-owned subsidiary led by Xiaomi CEO Lei Jun. Xiaomi CEO Lei Jun. Zhang Wei/China News Service/Visual China Group via Getty Images Chinese phone-maker Xiaomi plans t.....»»

Category: smallbizSource: nytMar 31st, 2021

Xiaomi plunges a record 14% after Trump administration blacklists the Chinese smartphone maker

Xiaomi is facing serious pressure after the company was added to a US blacklist that will stop investors from purchas.....»»

Category: personnelSource: nytJan 15th, 2021

Xiaomi"s $7.2-billion AI investment plan could bolster its declining smartphone segment

Chinese technology company Xiaomi announced plans to invest more than 50 billion yuan ($7.2 bil.....»»

Category: topSource: businessinsiderJan 3rd, 2020

China"s Xiaomi says plans to launch more than 10 5G phones next year

Chinese smartphone maker Xiaomi Corp plans to launch more than 10 5G phones in 2020, C.....»»

Category: topSource: reutersOct 20th, 2019

Apple supplier Japan Display loses out on Chinese funds, bailout at risk

Apple Inc supplier Japan Display Inc said on Thursday that Chinese investment firm Harvest Group would withdraw from a bailout of the cash-strapped smartphone screen maker, increasing the chance of the 80 billion yen ($743 million) deal collapsing......»»

Category: topSource: reutersSep 26th, 2019

Apple supplier Japan Display loses out on Chinese funds, survival at risk

Apple Inc supplier Japan Display Inc said on Thursday that Chinese investment firm Harvest Group would withdraw from a bailout of the cash-strapped smartphone screen maker, increasing the chance of the 80 billion yen ($743 million) deal collapsing......»»

Category: topSource: reutersSep 26th, 2019

Xiaomi growth slows as fewer people buy phones, Huawei competition bites

Chinese smartphone maker Xiaomi Corp posted its slowest revenue growth as a public company, missing analysts' estimates, as it lost market share to Huawei and customers held on to their phones before a 5G refresh......»»

Category: topSource: reutersAug 21st, 2019

Chinese smartphone maker Xiaomi misses estimates as competition hots up at home

China's Xiaomi Corp reported 15% growth in quarterly revenue on Tuesday, missing estimates, as fewer people bought smartphones at home and rival Huawei grabbed market share......»»

Category: topSource: reutersAug 20th, 2019

China"s ZTE delays earnings release following U.S. export ban

(Reuters) - Chinese smartphone maker ZTE Corp on Wednesday postponed the release of quarterly earnings, saying it needs time to assess the impact of a U.S. government order that bans American companies from selling it parts......»»

Category: topSource: reutersApr 18th, 2018

Xiaomi calls on global smartphone component makers to invest in India

The hardware set maker believes that this move can bring 150 billion investment and create upto 50,000 jobs in the country.....»»

Category: topSource: business-standardApr 9th, 2018

Chinese smartphone maker Xiaomi"s $10 bn IPO risks cash crunch in Hong Kong

Hong Kong interbank rates are already climbing after years at ultra-low levels as the city's monetary authority buys local dollars to defend a currency peg.....»»

Category: topSource: business-standardApr 30th, 2018

Chinese smartphone maker Xiaomi files for huge Hong Kong IPO

Xiaomi, one of the world's biggest smartphone makers, has filed to go public in Hong Kong in what's expected to be a massive IPO......»»

Category: topSource: moneyMay 3rd, 2018

Xiaomi"s $10 Billion IPO Question: If We Hype It, Will They Come?

The Chinese smartphone giant, looking to ring up what is poised to be the world’s biggest stock sale of 2018, is looking to woo investors by casting itself as a broader provider of services and software......»»

Category: smallbizSource: wsjMay 3rd, 2018

Chinese smartphone maker Xiaomi files for IPO

Xiaomi, one of the world's leading smartphone makers, has filed to go public in Hong Kong in what could be the biggest IPO in nearly four years......»»

Category: videoSource: cnnMay 3rd, 2018

The "Apple of China" Is Going Public--and Its IPO Could Raise as Much as $10 Billion

Xiaomi is the world's fourth-biggest smartphone maker by volume......»»

Category: topSource: incMay 4th, 2018

Xiaomi Said to Seek June 7 Listing Hearing for $10 Billion IPO

The Beijing-based smartphone maker hopes to price the share sale late next month if its application is approved, Xiaomi Corp. aims to seek formal Hong Kong stock exchange.....»»

Category: europeSource: fortuneMay 25th, 2018

Chinese Smartphone Maker Xiaomi Stakes Its Future on Europe

Smartphone maker Xiaomi shot to success selling stylish but low-cost models in emerging markets, including at home in China. But can that formula work in the affluent markets of Europe?.....»»

Category: smallbizSource: wsjMay 28th, 2018

Xiaomi courts fans, investors at glitzy launch

Chinese smartphone maker Xiaomi holds .....»»

Category: videoSource: reutersJun 1st, 2018