Xiaomi secures China’s first CDR ahead of mega IPO in Hong Kong

ZDNET -------- Chinese smartphone brand Xiaomi, en route for a blockbuster $10 billion initial public offering (IPO) in Hong Kong in the second half this year, will also become the first to sell Chinese depository receipts (CDRs) which allow investors in mainland China to purchase shares despite the listing taking place in Hong Kong. To learn more click on the picture below to read the article.