China’s Xiaomi raises $4.72 billion after pricing HK IPO at bottom of range: sources

HONG KONG (Reuters/IFR) – China’s Xiaomi Corp priced its Hong Kong initial public offering (IPO) at the bottom of an indicative range, raising $4.72 billion in the world’s biggest tech float in four years, people close to the transaction said on Friday.

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Source:: Reuters – Business News