Xiaomi's founder Lei Jun had wanted to offer shares of his smartphone maker at HK$22 each during its initial public offering last month. He almost made it, until a surprise statement by the Shanghai and Shenzhen exchanges over the weekend caused shares to tumble for the first time in five days. Photo: AP

Xiaomi shares fall after mainland bourses block them from Chinese investors in Stock Connect pool

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Xiaomi's founder Lei Jun had wanted to offer shares of his smartphone maker at HK$22 each during its initial public offering last month. He almost made it, until a surprise statement by the Shanghai and Shenzhen exchanges over the weekend caused shares to tumble for the first time in five days. Photo: AP
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