Xiaomi was disappointed by Hong Kong's commercial debut



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Xiaomi's Chinese smartphone maker's title fell 6% on the first day of trading on the Hong Kong stock market.

4.7 billion dollars (3.5 billion pounds). The sale of Xiaomi has become the largest technology sale after the success of the Chinese technical giant Alibaba in 2014, which amounted to 25 billion dollars.

However, the shares of Xiaomi, a company called Chinese Apple, fell from $ 17 to $ 16 in the early hours of trading, although the price resumed later in the day.

See also: Experts warn of dubious production devices Despite sales volume of 114 billion yuan ($ 13 billion, 18 billion dollars) in 2017, the company reported a loss of 43.9 billion yuan, compared to a net profit of 496.6 billion dollars in 2016.

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