Xiaomi: towards an IPO at $ 10 billion

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Xiaomi filed an application for entry into the Hong Kong stock exchange. The operation could allow the manufacturer to raise 10 billion dollars, a record since the introduction of Alibaba on the New York Stock Exchange in 2014.

Xiaomi, the Chinese outsider of smartphones by Lei Jun, filed an application for entry into the Hong Kong stock exchange. This introduction could be one of the most important of these last four years: the operation would allow the firm to raise US $ 10 billion.

A preliminary document filed through with the Hong Kong Exchange, which is at the moment office draft, does not yet of financial details in that entry. Nevertheless, Xiaomi could be valued around an amount of $ 100 billion.

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