Xiaomi's Big Reversal on Day Two of Trading
In their article for The Wall Street Journal, Mike Bird and Joanne Chiu highlight the rapid gains of Chinese technology giant Xiaomi in Day Two of trading following the Company's IPO in Hong Kong.
The fast trading is particularly notable in that it follows a Day One in which share prices fell from the start.
And the implications could be wide-ranging: "It will be a relief for other technology companies gearing up for multibillion-dollar listings," say Bird and Chiu.
Full article on The Wall Street Journal - HERE