Xiaomi's weak debut signals trouble for upcoming Hong Kong tech listings

Xiaomi's weak debut signals trouble for upcoming Hong Kong tech listings

6 years ago
Anonymous $TjsaxHwAP-

https://www.reuters.com/article/us-xiaomi-listing/xiaomis-weak-debut-signals-trouble-for-upcoming-hong-kong-tech-listings-idUSKBN1JZ037

Xiaomi Corp made a weak debut in Hong Kong on Monday, with the Chinese smartphone maker's shares sliding as much as 6 percent on valuation concerns, in an ominous sign for its technology sector peers lining up listings in the city.