Xiaomi is looking to raise up to $6.1 billion in Hong Kong IPO

After postponing Shanghai IPO, Xiaomi today confirmed that it will list in Hong Kong first offering a total of 2,179,585,000 Shares (subject to the Over-allotment Option), comprising initially 108,980,000 Hong Kong Offer Shares (subject to adjustment ... ( read original story ...)

Xiaomi some of the money: Smartphone giant scales back IPO

In what is one of the hottest initial public offerings (IPOs) of 2018, Xiaomi is going to float on the Hong Kong Stock exchange to raise $6bn but has postponed plans to list in Shanghai in what may have reaped it $10bn in investment. This will still be one ... ( read original story ...)

CES Asia 2018: Technology trends from China and beyond

The annual CES trade show in Las Vegas has been wooing technology fans for more than five decades, but since 2015, CES has also bestowed its familiar brand on a smaller event in Shanghai, China’s most populous city. CES Asia differs from the gargantuan ... ( read original story ...)

Shanghai finance sector poised for more opening-up

Local administrators in Shanghai said they are planning to roll out more projects responding to the central government's financial opening-up policies later this year, especially in the China (Shanghai) Pilot Free Trade Zone. The new projects follow 23 ... ( read original story ...)

Forced Stock Sales Haunt China as UBS Sees $68 Billion at Risk

“It will remain one of the major overhangs for the stock market in the near term,” Hao Hong, chief strategist at Bocom International Holdings Co., said in an interview from Shanghai. Few are calling for a 2015-style collapse. But any sign of increased ... ( read original story ...)