Xiaomi’s Hong Kong-listed shares are now about 10% away from their 2021 peak. “Xiaomi is the dark horse,” said Shuyan Feng, deputy general manager for investment management at Huatai Asset ...

A record-setting US$3.9bn top-up placement and convertible bond from Chinese smartphone maker Xiaomi helped Hong Kong close the gap with the larger US equity market as the fundraising venue of choice ...