China's Xiaomi plans $3 billion CDRs in blockbuster July IPO: sources

HONG KONG (Reuters/IFR) - Chinese smartphone and connected device maker Xiaomi plans to raise up to 30 percent of its blockbuster $10 billion IPO by selling shares in mainland China while offering the remainder in Hong Kong, said people with knowledge of the matter.

from Reuters: Technology News https://ift.tt/2sBVRH1