(FILE) CHINA ECONOMY XIAOMI IPO

Xiaomi market valuation

epa06849540 (FILE) - A large logo of Chinese mobile phone product manufacturer Xiaomi at Xiaomi's headquarters in Beijing, China, 12 February 2015 (re-issued 29 June 2018). Reports on 29 June 2018 state Chinese mobile phone maker Xiaomi raised an estimated 4.72 billion USD in its IPO in Hong Kong, indicating it will be valued at some 53.9 billion USD. Xiaomi's original target was to be valued at around 100 billion USD. EPA/WU HONG

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