Asia news roundup: Xiaomi shelves China listing, Alibaba sets up office in KL, and more

Posted by admin 21/06/2018 0 Comment(s) Teknologi Informasi,

Asia news roundup: Xiaomi shelves China listing, Alibaba sets up office in KL, and more

 
Xiaomi Mi5x

A look at today’s Asia news.

Consumer tech

Xiaomi postpones listing in home base (China). The company said the listing plans will resume after its initial public offering in Hong Kong is completed, casting a pall on Beijing’s attempts to lure its tech giants home. It also canceled a scheduled review with Chinese regulators. Xiaomi was the first company to file for a listing that would allow domestic investors to invest in offshore-listed companies.

Tags: Asia

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