Sources: Xiaomi scuttled plans to sell Shanghai CDRs alongside Hong Kong IPO and halved the amount raised due to more stringent demands from regulators in China (Bloomberg)

Bloomberg:
Sources: Xiaomi scuttled plans to sell Shanghai CDRs alongside Hong Kong IPO and halved the amount raised due to more stringent demands from regulators in China  —  - Regulators in China said to insist on meeting local rules  — Authorities want tech giants to list on domestic exchanges

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