Additional fundraising by Xiaomi, a large cap stock, is affecting market sentiment, leading to declines, an analyst says. Photo: Shutterstock Additional fundraising by Xiaomi, a large cap stock, is affecting market sentiment, leading to declines, an analyst says. Photo: Shutterstock
Additional fundraising by Xiaomi, a large cap stock, is affecting market sentiment, leading to declines, an analyst says. Photo: Shutterstock
Stocks

Hong Kong and China stocks slip after Xiaomi’s US$4 billion fundraising dents sentiment

  • Hang Seng Index and Shanghai Composite both slipped 0.1 per cent on Wednesday
  • Xiaomi recorded its biggest plunge in three weeks, declined 7.1 per cent

Topic |   Stocks
Additional fundraising by Xiaomi, a large cap stock, is affecting market sentiment, leading to declines, an analyst says. Photo: Shutterstock Additional fundraising by Xiaomi, a large cap stock, is affecting market sentiment, leading to declines, an analyst says. Photo: Shutterstock
Additional fundraising by Xiaomi, a large cap stock, is affecting market sentiment, leading to declines, an analyst says. Photo: Shutterstock
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