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Xiaomi IPO: Xiaomi Falls Then Rises in Hong Kong Debut

Xiaomi Corp.¬†shares slipped and then rebounded Monday in the Chinese smartphone maker’s first trading day in Hong Kong following a multibillion-dollar initial public offering. Trading opened at 16.60 HKD ($2.11) per share, below Xiaomi’s offering price of 17 HKD ($2.17). Shares¬†lostabout 4 percent in early trading but rebounded to 17 HKD ($2.17) at midday. Xiaomi, […]