Chinese smartphone and electronics company Xiaomi Inc. has filed its initial public offering prospectus to the Hong Kong Exchange, as it prepares for what would be one of the world’s biggest IPOs this year. The document didn’t give details on the size of the planned IPO, nor the listing date. The company could raise around US$10 billion, some media reports say. The company booked revenues of RMB114.62 billion (US$18 billion) in 2017, growing 100% compared to 2016. Its operating profit …

Xiaomi’s IPO Prospectus Sheds Light On Its Financial Details appeared first on China Money Network.


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