Customers visit to a Xiaomi Store in Mong Kok, Hong Kong on 25 June 2018. Photo: SCMP/Edmond So

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Xiaomi’s US$6.1 billion stock sale is 8.5 times overbought as global investors digest blockbuster IPO

Name: SCMP
Telephone: +852-2680-8888

The Chinese smartphone maker’s stock sale made it past the finish line as investors oversubscribed the retail portion of the US$6.1 billion offering

Topic | Xiaomi

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Published: 2:30pm, 28 Jun, 2018

Updated: 5:55pm, 29 Jun, 2018

Customers visit to a Xiaomi Store in Mong Kok, Hong Kong on 25 June 2018. Photo: SCMP/Edmond So

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