Xiaomi shares surge 13 percent after lackluster first day of trade

Xiaomi shares surge 13 percent after lackluster first day of trade

6 years ago
Anonymous $TjsaxHwAP-

https://www.cnbc.com/2018/07/10/xiaomi-shares-surge-after-lackluster-first-day-of-trade-following-ipo.html

Shares of Chinese electronics-maker Xiaomi surged over 13 percent Tuesday on just its second day of trade following its initial public offering (IPO).

Xiaomi shares closed at 19 Hong Kong dollars ($2.17), above its IPO price of 17 Hong Kong dollars. The rise is a welcome boost for the world's fourth-largest smartphone maker, which went public Monday and saw its shares fall.

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