(Bloomberg) -- Xiaomi Corp. raised about $5.5 billion in an upsized share sale, as the Chinese tech firm capitalizes on a surge in its stock price to help raise funds to expand its electric ...

The rebound more than made up for the worst first-day performance by a $1 billion-plus Hong Kong IPO since 2015. In the long run, Xiaomi needs to convince investors that it’s capable of shedding ...

[HONG KONG/SINGAPORE] Xiaomi pushed back the debut of its first sport utility vehicle (SUV) following a fatal accident involving its marquee electric car, a blow to its ambitions to put pressure on ...

Robot vacuum maker Beijing Roborock Technology Co. is weighing a share sale in Hong Kong this year to raise as much as $500 million, according to people familiar with the matter. Considerations ...

Chinese tech firm Xiaomi raised HK$42.5 billion (US$5.5 billion ... according to a filing to the Hong Kong stock exchange on Tuesday. The offer price represented a 6.6 per cent discount to ...

Shares of Xiaomi have declined more than 20% since mid-March in Hong Kong as investors are growing concerned about the prospects of its EV efforts. --With assistance from Jessica Sui.

Founded in 2014 and backed by Xiaomi, Roborock was listed in Shanghai in 2020. Its shares, like markets broadly, slid in early April as US President Donald Trump unveiled his tariff plans, and they ...