NEWS WRAP: Xiaomi shares sink after deadly EV crash
Xiaomi’s stock fell over 5% after the fatal accident involving its SU7, as founder Lei Jun pledged his full cooperation with the investigation By Lee Shih Ta A fiery…
BRIEF: Xiaomi to raise $6 billion in share placement
Smartphone maker Xiaomi Corp. (1810.HK) announced on Tuesday that it would place 800 million existing shares and a top-up subscription of new shares for HK$53.25 per share, raising HK$42.6 billion…
INDUSTRY BRIEF: President Xi to host private sector symposium: report
Some of China’s top technology leaders are set to attend a symposium next week chaired by President Xi Jinping, Reuters reported, providing a potential confidence boost for the country’s private…
ShanH Technology dials up lackluster numbers in new IPO bid
The smartphone recycler backed by Xiaomi chief Lei Jun is making a second attempt to list in Hong Kong after its first try in February failed Key Takeaways: ShanH has…
With pedal to the metal, Xiaomi zooms into China’s EV race
Speaking at a launch event for its first electric vehicle, the smartphone maker’s CEO Lei Jun declared his ambition to become one of the world's top five automakers in 15…
Huafang Hopes ‘Internet Bad Boy’ Backing Will Bring Investors Streaming to Its IPO
The second-tier livestreaming platform has applied to list in Hong Kong for a second time, as its business bounces back from a difficult merger Key Takeaways: Huafang Group posted 4.6…
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