Xiaomi shares plummet as investors rush to exit

Jamie McKane

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Xiaomi shares plummet as investors rush to exit

More Xiaomi Corp. shareholders are rushing for the exit.

An undisclosed investor sold 231 million Class B shares at HK$9.45 apiece, according to people with knowledge of the matter, a 5.1 percent discount to Tuesday’s close.

[Bloomberg]
 
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