男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Xiaomi announces oversubscribed IPO

By Zhu Lingqing | chinadaily.com.cn | Updated: 2018-07-06 13:44
Share
Share - WeChat
The logo of Xiaomi is seen inside the company's office in Bengaluru, India Jan 18, 2018. [Photo/Agencies]

Chinese smartphone maker Xiaomi Corp announced on Friday its initial public offering in Hong Kong will be priced at HK$17 ($2.17) per share, to raise HK$24 billion in its listing, with shares 9.5 times oversubscribed according to a report by tech.sina.com.cn.

The number of Xiaomi's Hong Kong offer shares subscribed is 1,034 million, 9.5 times the 108.98 million shares subject to allocation. The final number of its international offer shares was set at 2.4 billion, the report said.

As the first issuer to take advantage of Hong Kong's new rules on dual-class shares, Xiaomi's IPO price is on the low end of the expected range — HK$17 to HK$22 — it had earlier set, which makes its initial aim of raising $10 billion, as earlier reported unmet. The valuation of the company after listing will be far below $100 billion, CNBC reported.

According to the cornerstone investment agreement signed by Xiaomi and its cornerstone investors, the number of shares subscribed by cornerstone investors totals 252.38 million, accounting for 11.58 percent of issued shares after the completion of the global sale, tech.sina.com.cn reported.

China's largest telecom service provider China Mobile, United States chipmaker Qualcomm Asia Pacific Pte Ltd, Grantwell Fund LP, CICFH Entertainment, HNA Technology Co Ltd and CMC Concord subscribed for 46.16 million shares, 46.17 million shares, 14.54 million shares, 88.24 million shares, 13.85 million shares and 12.94 million shares respectively, the report said.

An industry insider said Xiaomi might be included in the Hang Seng Composite Index 10 days after its listing, setting a record for the Hong Kong exchange, according to a report by tech.qq.com.

The inclusion of Xiaomi in the Hang Seng Composite Index will benefit investors in the Chinese mainland, as stocks of the Hang Seng Composite index are eligible to be traded through the Shanghai-Hong Kong Stock Connect link, the report said.

Xiaomi, as the first Chinese company to apply for a China depository receipts offering, a form of equity that allows Chinese investors exposure to overseas bourses, postponed its application for a CDR in June.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 伊春市| 陵水| 景泰县| 宁都县| 凉山| 白城市| 株洲市| 彰化县| 泊头市| 吐鲁番市| 涞源县| 社旗县| 石楼县| 行唐县| 南投县| 德江县| 琼中| 安顺市| 蓝山县| 建德市| 开江县| 宁河县| 焦作市| 连州市| 周至县| 甘谷县| 额敏县| 富顺县| 大邑县| 桦南县| 高平市| 正蓝旗| 侯马市| 新闻| 普格县| 墨玉县| 东城区| 阜城县| 六枝特区| 扬中市| 游戏|