Xiaomi gets approval for its IPO

Jamie McKane

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Xiaomi gets approval for its IPO

Xiaomi Corp. has won Hong Kong stock exchange approval for its planned initial public offering, which would be the first listing in the city with weighted voting rights, people with knowledge of the matter said.

The smartphone maker passed its so-called listing hearing on Thursday, said the people, who asked not to be identified because the information is private.

[Bloomberg]
 
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