KM Financial Solutions | UPDATE 1-China’s Xiaomi pulls mainland CDR offering until after HK IPO
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UPDATE 1-China’s Xiaomi pulls mainland CDR offering until after HK IPO

UPDATE 1-China’s Xiaomi pulls mainland CDR offering until after HK IPO

SHANGHAI/HONG KONG, June 19 (Reuters) – Chinese smartphone
marker Xiaomi will postpone its application for a mainland share
offering until after it completes a separate listing in Hong
Kong, the firm said on Tuesday, casting a pall on Beijing’s
drive to lure tech giants back home.

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