China's Xiaomi eyes $3 billion CDRs in $10 billion July listing plan: sources

China's Xiaomi eyes $3 billion CDRs in $10 billion July listing plan: sources

7 years ago
Anonymous $2WKDXfy9lA

https://www.reuters.com/article/us-xiaomi-china-listing/chinas-xiaomi-eyes-3-billion-cdrs-in-10-billion-july-listing-plan-sources-idUSKCN1J00XZ

HONG KONG (Reuters/IFR) - Chinese smartphone maker Xiaomi plans to raise up to 30 percent of its blockbuster $10 billion IPO by selling shares in mainland China while offering the remainder in Hong Kong, people with knowledge of the matter told Reuters on Monday.