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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money. Losses can exceed deposits on some products.
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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.

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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.

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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 

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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).

The experts' take on Xiaomi

Get news and insights on initial public offerings from the SaxoStrats team, Saxo Group’s in-house analysts.
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    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

    *Note: past performance is not an indicator of future performance

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    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, or any of our other products work, and whether you can afford to take the high risk of losing your money. The value of your investments can go down as well as up. Losses can exceed deposits on some margin products. Professional clients can lose more than they deposit. All trading carries risk.

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