Xiaomi raises US$4 billion selling bonds and more shares, in Hong Kong’s biggest top-up fundraising to replenish its financial war chest

//Xiaomi raises US$4 billion selling bonds and more shares, in Hong Kong’s biggest top-up fundraising to replenish its financial war chest

Xiaomi raises US$4 billion selling bonds and more shares, in Hong Kong’s biggest top-up fundraising to replenish its financial war chest

China’s second-biggest mobile phone maker Xiaomi raised nearly US$4 billion overnight in a combined sale of shares and convertible bonds in the biggest top-up funding placement in Hong Kong to replenish its financial war chest, according to documents filed with the stock exchange.The smartphone maker raised US$3.1 billion selling shares for HK$23.70 (US$3.06) each, the low end of an expected price range, according to the people familiar with the matter, declining to be named for discussing…

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By | 2020-12-02T03:26:36+00:00 December 2nd, 2020|Technology|Comments Off on Xiaomi raises US$4 billion selling bonds and more shares, in Hong Kong’s biggest top-up fundraising to replenish its financial war chest