Xiaomi to tap Citic for CDRs, file for HK IPO next month

Xiaomi
A Xiaomi Corp. Mi 6 smartphone is displayed for a photograph during a news conference in Hong Kong, China, on Monday, June 26, 2017. Photographer: Anthony Kwan/Bloomberg

Xiaomi Corp. has picked China’s Citic Securities to handle its issuance of Chinese depositary receipts as the smartphone maker prepares to file for an initial public offering in Hong Kong, people familiar with the matter said.

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