Posted inBeijing, China, Hong Kong, World

Xiaomi’s IPO move comes as US-China relations deteriorate

These are strange days for Xiaomi. The high-profile Chinese smartphone manufacturer has announced plans to list on the Hong Kong Stock Exchange and the IPO could value the company at up to US$100 billion. But the decision by co-founder Lei Jun comes at a time when the world’s second-biggest economy is locked in a trade […]

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