Xiaomi raises $ 4 billion by selling stocks and bonds – the Star Online
China’s second-largest smartphone maker Xiaomi Corp. has raised $ 4 billion through a combined stock placement and sale of convertible bonds, adding to a war chest aimed at expanding its market share from its competitor Huawei Technologies Co. Xiaomi sold 1 billion shares in a follow-up placement at HK $ 23.70 each, the lower end […]
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