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June 19, 2018 07:05 am GMT

Xiaomi Places Dual-IPO Strategy On Hold Over Regulatory Issues

Xiaomi placed its dual-listing strategy on hold and is now planning to first complete a traditional initial public offering in Hong Kong before issuing any Chinese depositary receipts, the company said Tuesday. While no official reasoning for the decision has been given, Reuters reports the firm opted to postpone its CDR plans because the rules […]

The post Xiaomi Places Dual-IPO Strategy On Hold Over Regulatory Issues appeared first on AndroidHeadlines.com |.


Original Link: https://www.androidheadlines.com/2018/06/xiaomi-places-dual-ipo-strategy-on-hold-over-regulatory-issues.html

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