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Xiaomi becomes the first domestic CDR Internet company, it is possible to build (Chinese version of Amazon)

Source: DJ   Published: 2018-06-12

The first share of CDR in China's capital market finally landed in the early morning of June 11. The official website of the China Securities Regulatory Commission disclosed that Xiaomi Group (hereinafter referred to as Xiaomi) issued a CDR (Chinese Depository Receipt) prospectus. It is reported that Xiaomi has passed on June. The listing hearing in Hong Kong, China. Prior to May 3, Xiaomi had submitted an application for listing to the Hong Kong Stock Exchange, and many media generally believed that it would be the largest IPO in the world this year.

A number of Internet companies such as BAT, Alibaba and Tencent have all intended to return to China in the form of CDRs. However, due to various reasons, it has not been implemented. At the same time, the Internet company Xiaomi has become a CDR company as China's No. 1 company. Industry insiders pointed out that Xiaomi's struggle to become the first CDR company is a manifestation of Lei Jun and Xiaomi's confidence, and the majority of Chinese ordinary investors. , and can also share the growth value brought by the development of China's Internet giants.

Once again, congratulations to Xiaomi for going farther and farther, not forgetting the original intention and moving forward,

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