On the morning of June 11, according to the disclosure by the Securities and Futures Commission of public offerings, the CDR and Hong Kong stocks of Xiaomi Group will be issued simultaneously. The A-shares will be the main listing.
According to Caixin.com, since Xiaomi’s plan to raise US$10 billion in listings, it may mean that its issued CDRs will reach or exceed US$5 billion (32 billion yuan). In addition, Caixin reporter learned from Xiaomi’s sources that Xiaomi This issue of CDR or no more than 7% of its total share capital.
Another intermediacy person close to the Xiaomi IPO project revealed to China Business that Xiaomi's cornerstone investors are fiercely competitive in the short-listed competition. The current valuation is generally between 75 billion and 85 billion U.S. dollars, among which one group has given more than The valuation of 80 billion US dollars, but Xiaomi has not yet finalized any cornerstone investors.