Xiaomi will begin selling its smartphones in the UK partnering with Three UK to sell its phones in the country, marking the second European market that Xiaomi will be operating in. The news came as the firm announced its IPO on the Hong Kong stock exchange seeking to raise at least $10bn
Xiaomi filed today to go public in Hong Kong in what is expected to be the world’s biggest initial public offering since Alibaba’s $25 billion market debut in 2014. It’s the first major company to announce plans to go public in Hong Kong after its stock exchange pushed through new rules to lure tech firms.

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