BookWatch: Xiaomi needs to destroy another industry, not just conquer ...
Chinese smartphone maker Xiaomi, the world's fourth-largest mobile-phone maker, recently won approval for its planned initial public offering in the Hong Kong stock exchange . Its targeted US$10 billion offering will become available to investors by early to mid-July, putting Xiaomi at a potential valuation of $100 billion that, if realized, would make it the world's biggest IPO debut since Alibaba's in 2014.
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