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Xiaomi-Linked Firms Pause IPO Plans Amid Regulators’ Scrutiny

By
Juro Osawa
· · Source: The Financial Times

Chinese tech startups that have ties to smartphone maker Xiaomi are facing scrutiny from Chinese regulators, and some of them have paused their planned initial public offerings, the Financial Times reported. The Xiaomi-linked firms that have put their IPO plans on hold include smart mattress maker 8H, smart lighting company Yeelight and software maker Shanghai Sunmi Technology, according to...

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