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Xiaomi's weak debut portends trouble for imminent Hong Kong tech listings

Xiaomi's weak debut portends trouble for imminent Hong Kong tech listings

6 years ago
Anonymous $TjsaxHwAP-

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

Xiaomi Corp's shares fell as much as 6 percent in their Hong Kong debut on concerns over the Chinese smartphone maker's valuation, in an ominous sign for its technology sector peers who have lined up listings in the city.