Beijing-based tech giant Xiaomi postponed plans to issue China depositary receipts, disappointing Chinese investors. Photo: May Tse

Xiaomi case reflects need for China to reform markets

With its Hong Kong IPO nearing, the smartphone maker has postponed plans to issue China depositary receipts that aim to lure Chinese tech giants back home

Topic |   Xiaomi

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Beijing-based tech giant Xiaomi postponed plans to issue China depositary receipts, disappointing Chinese investors. Photo: May Tse
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