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

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

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
Laura He
Laura He

Updated: 5:55pm, 29 Jun, 2018

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