Hong Kong is one of the largest financial centers in the world. Now he is trying to recover after a bad year. One of the plans of salvation — the provision of dual-class shares. The above may attract Xiaomi seeking a platform for IPO.
The release of Xiaomi on the stock exchange, is expected in 2018. Likely, an initial public offering held in Hong Kong. If you believe the bankers, the Chinese manufacturer is estimated at 100 billion US dollars.
This makes Xiaomi the most valuable company of China, conducting the IPO. Talking about players dealing with technology. The closest competitor, Lufax has only 18.5 billion. The difference is huge.
IPO at $ 100 billion to provide money for further expansion. Funds will go to the conquest of markets outside of China. Recently published a forecast that the net profit of Xiaomi in 2017 will be $1 000 000 000. Before inclusion in the Fortune Global 500 has remained quite a bit.