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Xiaomi Raises $5.5 Billion From Share Sale to Fund EV Expansion

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March 25, 2025

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Xiaomi has raised about $5.5 billion in an upsized share sale, as the Chinese tech firm capitalizes on a surge in its stock price to help raise funds to expand its electric-vehicle business. Bloomberg's Minmin Low reports.

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Xiaomi Raises $5.5 Billion From Share Sale to Fund EV Expansion · Bloomberg Television · Sentinel