AMTD serves as Joint Lead Underwriter for Xiaomi's Hong Kong IPO
AMTD International Inc. acted as Joint Lead Underwriter and Joint Bookrunner for Xiaomi Corporation's initial public offering in Hong Kong. The listing was the first on the main board to feature weighted voting rights.
AMTD International Inc. played a key role in the successful listing of Chinese technology company Xiaomi Corporation on the Hong Kong Stock Exchange on July 9, 2018. The firm served as a Joint Lead Underwriter and Joint Bookrunner for the offering.
The IPO was notable as it marked the first issuance on the main board of the Hong Kong Stock Exchange to include shares with weighted voting rights. This new listing framework allows companies with dual-class share structures to access the public market in Hong Kong.
Xiaomi, described as one of China's most innovation-driven internet companies, listed on the HKEX main board under the ticker 1810.HK. AMTD International's involvement facilitated the smooth execution of the complex listing process.
Participation in the Xiaomi IPO highlights AMTD International's capabilities in managing large-scale financial transactions within Asian capital markets. It also reflects evolving trends as stock exchanges adapt their listing rules to attract growth-stage technology firms.