China’s Xiaomi Raises $5.5 Billion in Share Sale as EV Plans Ramped Up

Beijing March 25 2025: China’s Xiaomi Corp (1810.HK) said on Tuesday it had raised $5.5 billion in an upsized share sale as the company pushes forward with its ambitious electric vehicle manufacturing plans. The company sold 800 million shares at HK$53.25 each, the company said in its statement to the Hong Kong Stock Exchange. Xiaomi, […]

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