Is Xiaomi an IPO?

Xiaomi founder, chairman and CEO Lei Jun hits a gong at the company’s initial public offering launch on the Hong Kong Stock Exchange on July 9, 2018. Xiaomi’s soggy debut performance hasn’t come as much of a surprise for some analysts.

When did Xiaomi go public?

In June 2018, Xiaomi became a public company via an initial public offering on the Hong Kong Stock Exchange, raising $4.72 billion.

Is Xiaomi stock a good investment?

Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. With profit expected to grow by a double-digit 18% over the next couple of years, the outlook is positive for Xiaomi.

How much did Xiaomi raise in IPO?

The IPO was priced on Friday at 17 Hong Kong dollars ($2.17) per share, with Xiaomi raising $4.7 billion.

What is the value of Xiaomi?

Market cap: $50.15 Billion As of February 2022 Xiaomi has a market cap of $50.15 Billion. This makes Xiaomi the world’s 349th most valuable company by market cap according to our data.

Is Xiaomi and Huawei same company?

There are two companies out of China that are dominating the smartphone market: Xiaomi and Huawei. Although they’re certainly not the only Chinese smartphone manufacturers, they’re definitely the biggest.

Can I buy XIACF stock?

You cannot trade XIACF as a retail investor because it’s a “privately placed” ADR under SEC Rule 144A. This means that they’re for qualified institutional buyers (QIBs) only.

Why is Xiaomi stock so low?

According to Ahmed Mohamed, analyst at market research firm IDC, this decline in market share is due to the fact that Chinese consumers are looking to “upgrade their low-end devices to more expensive models”, whereas “Xiaomi is very strong in the lower price segment”.

Is Xiaomi sold in the US?

Xiaomi’s phones are not officially available in the U.S. — and that isn’t likely to change soon. The primary reason for Xiaomi not selling its phones in the U.S. has to do with its business model. The Chinese brand has a 5% threshold on profits from hardware sales, and as a result, its phones deliver great value.

Does Xiaomi own Poco?

Poco started as a Xiaomi sub-brand, but has now evolved into an independent brand. Though remember it is still dependent on parent Xiaomi for supply chain, etc. The relationship is similar to how Realme, Oppo and OnePlus are all part of the BBK group.