Original title: it's said that Xiaomi will be listed in July. What's the valuation of Xiaomi after listing?
Sihai network technology investors should pay attention to the media that Xiaomi has decided to be listed in July. Are you looking forward to it? Some people like Lei Jun and are very happy to hear that Lei Jun has become the richest man after Xiaomi's listing. In fact, the focus of Xiaomi's listing is not on the increase of Lei Jun's assets, but on the trend of this stock and the valuation of Xiaomi.
According to Hong Kong media, Xiaomi is scheduled to go public from early July to mid July. According to people familiar with the matter, Xiaomi will conduct a roadshow at the end of June to persuade institutional investors in Europe and the United States to value its business at no less than $70 billion. The person said that Xiaomi's valuation is based on the expectation of performance growth, and Xiaomi needs to prove that its profit growth will reach 50% in the next three years.
The report also pointed out that Xiaomi delayed its IPO until July because mainland securities regulators are trying to persuade overseas listed companies such as Xiaomi and Alibaba to issue China's pre Trust Securities (CDR) in July for Chinese investors to invest. So, will you buy the shares of Xiaomi? What do you think of the market of Xiaomi after its listing?
It is reported that Xiaomi cornerstone investment ended recently, and the first round of IPO inquiry valuation range is US $63-68 billion. Investors come from many domestic and foreign heavyweight investment institutions, including GIC and China Life Insurance. After the inquiry of cornerstone investment is completed, Xiaomi is expected to start a roadshow in the near two weeks to launch the offering, and the latest prospectus will also be released. At that time, important information, including the final bidding price, the list of cornerstone investors and the subscription situation, will be publicly disclosed in the prospectus.
According to the media, Xiaomi has decided to be listed in July, which is quite reliable. However, some people said that the difficulties faced by Xiaomi after its listing are still very severe. Recently, the new retail model placed high hopes on by Xiaomi has exposed multiple problems in the process of implementation. Although the offline channel is the key for Xiaomi to consolidate its low market share, due to the lack of sufficient profit support, multi dealer stores are difficult to make profits for a long time. According to reports, a large number of Xiaomi store managers have withdrawn or switched to other mobile phone brand products, and Xiaomi's offline channels in many regions have been frustrated.