Chinese smartphone maker Xiaomi is among at least 23 Chinese tech startups eyeing IPOs in Asia and the US, according to data compiled by Bloomberg. Photo: AFP
Struggling Chinese tech debuts don't bode well for unicorn IPOs
As a new batch of China unicorns line up to list, the performance of tech start-ups that went public in past year doesn’t augur well, with two-thirds below their offer price
Topic |
IPO
Chinese smartphone maker Xiaomi is among at least 23 Chinese tech startups eyeing IPOs in Asia and the US, according to data compiled by Bloomberg. Photo: AFP