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Read More »Another Xiaomi stock sale adds grease to $32bn rout
Bloomberg More Xiaomi Corp shareholders are rushing for the exit. An undisclosed investor sold 231 million Class B shares at HK$9.45 apiece, according to people with knowledge of the matter, a 5.1 percent discount to Tuesday’s close. The placing follows the end of a six-month lockup last week that has allowed early shareholders to sell Xiaomi stock for the first ...
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