Smartphone Maker Xiaomi Files For World's Biggest IPO Since 2014

Smartphone and connected device maker Xiaomi filed for a Hong Kong initial public offering on Thursday, in what is expected to be world's biggest IPO since 2014, according to Bloomberg. The listing could value the company at up to $100 billion and would be the biggest Chinese tech IPO since Alibaba Group Holding Ltd raised $21.8 billion in 2014. The announcement came as the consumer electronics company gave investors the first detail...