HONG KONG (Reuters) – Trading in shares of Chinese smartphone maker Xiaomi Corp was halted on Wednesday, according to a notice from the Stock Exchange of Hong Kong.
It gave no further details on the suspension.
Xiaomi has raised $3.91 billion as part of a deal that includes Hong Kong’s largest top-up placement, according to a term sheet seen by Reuters.
(Reporting by Donny Kwok; Editing by Christopher Cushing)
