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SEOUL: Chinese smartphone maker Xiaomi Corp. plans to raise up to $6 billion in one of the biggest global stock market debuts in recent years as it tries to become a worldwide hardware-and-services brand alongside Apple, Google and Amazon.
The initial public offering in Hong Kong would value the Beijing-based company at as much as $70.3 billion, according to details released Saturday.
Published in Dawn, June 24th, 2018
