Xiaomi aims to raise up to $6.1 billion in Hong Kong IPO
Updated : June 23, 2018 08:10 PM IST
Xiaomi is expecting the current offer price to be between HK$17-HK$22 per Offer Share and hence, it could raise anywhere between $4.72 billion-$ 6.1 billion.
Notably, the smartphone player has secured Goldman Sachs, Morgan Stanley and CLSA as joint sponsors, joint global coordinators, joint bookrunners and joint lead managers of the Global Offering.
The company is currently at the fourth position in the smartphone market globally, behind Samsung, Apple and Huawei.
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