Trinity Investments Limited – Xiaomi Initial Public Offering

HONG KONG - June 28, 2018 - PRLog -- We are less than two weeks away from the most anticipated IPO in the last few years. Expected to easily be the largest IPO for 2018, Xiaomi Inc, is scheduled to list on the Hong Kong Stock Exchange on July 9.

Xiaomi will have a 2.18 billion-share global IPO, with a minimum suggested offer price of HK$17 to a maximum offer price of HK$22 ($2.8) per share and stock code of 1810. The shares under the global offering consist of 1.43 billion new class-B shares and 745.15 million sale shares and are subject to the over-allotment option. The number of Hong Kong offer shares is about 108.98 million subject to reallocation, and the number of international offer shares is about 2.07 billion, comprising 1.33 billion new class-B shares and 745.15 million sale shares, and subject to reallocation and the over-allotment option. The nominal value is about $0.0000025 per offer share, according to the prospectus.

Xiaomi Inc has long been seen as the largest rival to the main smartphone maker in the west and considering its top spec phones usually retail at under $600 USD there is every right for the mainstream manufacturer's the likes of Apple and Samsung to show concern. As they continue their global expansion, significant ground has been made within Indian, and their concerted effort to introduce the brand in several countries within the EU has not gone unnoticed.

Brief Xiaomi History:

Xiaomi released its first smartphone in August 2011 and has rapidly gained market share in China to become China's largest smartphone company in 2014. As of the start of Q2 of 2018, Xiaomi is the world's 4th largest smartphone manufacturer. Xiaomi has expanded into developing a wider range of consumer electronics, including a smart home (IoT) device ecosystem.

Trinity Investments Limited are excited to be able to be part of this historic event! We have been involved in several high-profile IPO's over the last decade and our clients have reaped the rewards of partaking in such investments.

Time is of the essence, if you would like to find out how you can take advantage and for more information or to arrange contact from one of our trusted advisors, visit www.trinity-investments.com  or email us at info@trinity-investments.com and we will happily get back to you.