XIAOMI IPO, I Want in!

Everyones favourite company xiaomi is about to launch an ipo.
Not knowing much about shares.
How can i go about buying shares in it?
How can i buy shares in an overseas launch?

https://www.news.com.au/technology/gadgets/mobile-phones/a-c…

Related Stores

mi.com
mi.com

Comments

  • +1

    ermmm

    HOW MUCH MONEY DOES XIAOMI MAKE?

    Xiaomi lost money last year. A lot.

    The company reported a loss of 43.9 billion yuan ($AUD9.15 billion) on revenue of 114.6 billion yuan.

    • +2

      All part of the plan mtg ;)

      U know the old saying, "U gota lose money to make money" ….I think thats how it goes.

      • You make up for it in volume. All those sweet sweet OzBargain sales.

    • How much profit has Amazon made?

    • +2

      They'll get bailed out by the Chinese gov in exchange for all the data they have been collecting.

    • Well structured losses are not really losses. They booked 4 impairments as a result of purchases worth around 4.5 billion right?

      I think their books basically balance at the moment without the impairments right?

      • what about tesla ?

  • -1

    Your better off waiting to buy them on the secondary market.

    • +9

      Do not take share advice off a guy who doesn't know the difference between you're and your.

      • +6

        I defiantly agree with you.

        • +2

          Hey don't blow it out of precaution.

      • Your right!

      • +2

        I'm just impressed he made a post without mentioning who not to vote for.

      • I don't get what you mean, be more pacific.

    • "fashion" company
    • US anti-chinese sentiment (spying)
    • Net losses last fin year
    • Existing saturated market

    sounds like a big risk.

  • I love xiaomi

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