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Xiaomi sets IPO price range, signs up 7 key investors
2018-06-21 08:50:00| Telecompaper Headlines
(Telecompaper) Chinese smartphone maker Xiaomi has set a price range for its IPO in Hong Kong and lined up seven key investors to participate in the offering, according to a term sheet seen by Reuters. The shares will be sold at a price of HKD 17-22 each, and seven investors including Qualcomm and China Mobile will buy a combined 10 percent stake in the group during the IPO.
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Category:Telecommunications