Products
Platforms
Accounts
Inspiration
About
Support
For institutions
Log in Open account
Australia

Xiaomi IPO:
The biggest deal since 2016

Chinese smartphone giant Xiaomi is expected to list on the Hong Kong Stock Exchange on 9 July, in a deal that could raise up to USD 4.7bn. Once it goes public, you can buy and sell Xiaomi shares directly or trade the stock as a CFD with Saxo.

Open account
Range of opportunities

Invest in Xiaomi shares directly, or trade it as a single stock CFD to go long or short and leverage your exposure by up to 2.5x.

Industry-leading prices

Pay as little as HKD 100 commission when you buy and sell the Xiaomi stock or trade it as a CFD.

Award-winning platforms

Access the markets from your mobile, tablet or multi-screen desktop setup, with advanced stock trading tools always at hand.

24/5 expert service

Get professional support whenever markets are open, including technical assistance, market analysis and access to personal sales traders.

Xiaomi IPO facts

Xiaomi is a Chinese consumer electronics company founded in 2010. It started life by selling high-quality smartphones at lower prices than its competitors, and has grown to become the fourth-biggest smartphone player globally. It now offers a variety of products, including smart TVs, Wi-Fi routers, air and water purifiers, and lighting.

Company name: Xiaomi
Ticker symbol: 01810:xhkg
Exchange: Hong Kong Stock Exchange
Exp. listing date: 9 July
Exp. price range: HKD 17-22
Filing amount: Up to USD 4.7bn
Shares offered: 2.18bn
Exp. market cap: USD 53.9 - 69.8bn 

Open account

Saxo will offer trading on the secondary market from Xiaomi’s first day as a listed company. Its shares will be available for online order entry after the markets close on Friday 6 July (expected listing date of Monday 9 July).

Our experts' take on Xiaomi

Get news and insights on initial public offerings from the SaxoStrats, our team of in-house analysts.
    Equities

    Nvidia’s CES 2025: Hot Innovations, Cold Market Reaction

    Charu Chanana
    Equities

    Birkenstock starts trading today in key test of IPO market

    Peter Garnry
    Birkenstock starts trading today on NYSE under the Saxo ticker symbol BIRK:xnys with its shares priced yesterday at the midpoint of the pricing range valuing the company at UDS 8.6bn.
    Equities

    Porsche IPO: can it close the gap to its Italian rival Ferrari?

    Peter Garnry
    Volkswagen is going forward with its IPO of Porsche AG in what is likely to become the fifth largest IPO of all-time in Europe. We go through the deal touching on the ownership structure, Porsche fundamentals, and the risks involved.
    Thought Starters

    DoorDash is Dominating the U.S. Food Delivery Market

    Saxo Group
    America's food delivery market has boomed in recent years with growth accelerated by the COVID-19 pandemic. The graphic below shows the biggest players in the space and how their market share has changed in recent years. Of note, the market is shifting from an oligopoly, where market control was shared amongst four companies, to more of a duopoly setting between DoorDash and Uber Eats, with the former now dominating with a market share of over 50%.

    How have past Chinese tech IPOs performed?

    See the best and worst performers among Chinese tech companies in their first six months after IPO (% return)

    To view the full price charts of the above shares, click here.

    Source: public share price information, correct on 27 June 2018

    Award-winning trading platforms

    The No. 1 for active traders2
    The award-winning, multi-device SaxoTraderGO partners seamlessly with SaxoTraderPRO, our professional-grade platform for advanced traders.

    Powerful analysis tools
    Access live charts with 50+ technical indicators, integrated Trade Signals from Autochartist, equity research and Stock Screener tools, and streaming news from our equity analysts.

    Comprehensive account overview
    Analyse your performance in detail with dedicated dashboards for your P/L and returns, and download historical reports for bookkeeping purposes.

    Try the demo
    Open Account

    24/5 expert service

    Personal relationship managers

    An individual point of contact for platform, trading and account queries.

    Dedicated sales traders

    Live market commentary, risk management and trade support available from Saxo Group sales traders.

    In-house analysts

    News and commentary on all major asset classes from Saxo Group’s team of strategists – the #SaxoStrats

    Integrated online support

    Self-service support centre, email helpdesk and a range of educational courses.

    24-hour customer service

    Support with technical matters and account questions whenever markets are open.

    Local language assistance

    With offices in 16 countries, Saxo Group can support its clients in the majority of local languages.

    2

    Trade Xiaomi with Saxo

    Register

    Choose an account tier and submit your application

    Fund

    Add funds quickly and securely via bank transfer

    Trade

    Buy and sell Xiaomi stock directly or trade it as a CFD

    Open account

    Saxo Capital Markets (Australia) Limited
    Suite 1, Level 14, 9 Castlereagh St
    Sydney NSW 2000
    Australia

    Contact Saxo

    Select region

    Australia
    Australia
    Products & pricing
    Asset Management
      Platforms
      Accounts & service
      General
      Other
      Legal

      Trading can result in losses. Please ensure you understand the risks.

      The Saxo trading platform has received numerous awards and recognition. For details of these awards and information on awards visit www.home.saxo/en-au/about-us/awards

      Saxo Capital Markets (Australia) Limited ABN 32 110 128 286 AFSL 280372 (‘Saxo’ or ‘Saxo Capital Markets’) is a wholly owned subsidiary of Saxo Bank A/S, headquartered in Denmark. Please refer to our General Business Terms, Financial Services Guide, Product Disclosure Statement and Target Market Determination to consider whether acquiring or continuing to hold financial products is suitable for you, prior to opening an account and investing in a financial product.

      Trading in financial instruments carries various risks, and is not suitable for all investors. Please seek expert advice, and always ensure that you fully understand these risks before trading. Saxo Capital Markets does not provide ‘personal’ financial product advice, any information available on this website is ‘general’ in nature and for informational purposes only. Saxo Capital Markets does not take into account an individual’s needs, objectives or financial situation. The Target Market Determination should assist you in determining whether any of the products or services we offer are likely to be consistent with your objectives, financial situation and needs.

      Apple, iPad and iPhone are trademarks of Apple Inc., registered in the US and other countries. AppStore is a service mark of Apple Inc.

      The information or the products and services referred to on this website may be accessed worldwide, however is only intended for distribution to and use by recipients located in countries where such use does not constitute a violation of applicable legislation or regulations. Products and Services offered on this website is not intended for residents of the United States and Japan.

      Please click here to view our full disclaimer.