Customers wait in lines outside Mi Store in Hanoi on May 12, 2018. The first Mi Store of Chinese technology giant Xiaomi officially opened here on Saturday. Photo: Xinhua/Wang Di

Xiaomi to be the first target of China’s unicorn funds, giving mainland investors a taste of marquee IPOs

Six of the first funds will have a combined war chest of 300 billion yuan, more than the sum total of every A-share IPO last year, enough for them to act as cornerstone investors in the biggest blockbuster stock offers

Topic |   IPO

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Customers wait in lines outside Mi Store in Hanoi on May 12, 2018. The first Mi Store of Chinese technology giant Xiaomi officially opened here on Saturday. Photo: Xinhua/Wang Di
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