Bourse Xiaomi. First is that the company is doing quite well. Court has removed the companys designation as a Communist Chinese Military Company CCMC and lifted all.
The company planned to raise enough in the IPO for a 100B valuation but investors only had enough gas in the tank to get it. Google Finance provides real-time market quotes international exchanges up-to-date financial news and analytics to help you make more informed trading and investment decisions. This of course means two things.
It said the order was made on Tuesday Chinas Xiaomi Corp said on Wednesday a US.
SHANGHAI Reuters -Chinese smartphone maker Xiaomi Corp reported first-quarter revenue growth of 55 on Wednesday exceeding analyst expectations as it nabbed market share from one-time sector leader Huawei Technologies Co Ltd. The US District Court for the District of Columbia issued a final order vacating the US Department of Defenses designation of the company as a CCMC the smartphone maker said in a filing to the Hong Kong bourse. Xiaomi denied that it had military links in a statement to the Hong Kong bourse on Friday saying it provides products and services for civilian and commercial use. The Beijing-based firm is said to be seeking about US10 billion S134 billion from its IPO.
