Xiaomi to seek Hong Kong exchange approval on June 7 for $10b IPO

Xiaomi to seek Hong Kong exchange approval on June 7 for $10b IPO

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. aims to seek formal Hong Kong stock exchange approval on June 7 for an initial public offering that could raise about $10 billion, people with knowledge of the matter said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter