Bloomberg Technology
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Xiaomi May Be Twice as Expensive as Apple as it Heads to IPO
Posted
June 12, 2018
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June 12, 2018
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6:38
3:00Now PlayingJun.12 -- Xiaomi Corp. could be twice as expensive as Apple Inc. as it comes to market in a Hong Kong IPO with a fair value around 27 times to 34 times 2019 adjusted earnings forecasts. Bloomberg Opinion columnist Alex Webb reports on "Bloomberg Markets." His opinions are his own.
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