China Traders Barred From Buying Xiaomi Through Stock Link
Lei Jun, chairman and chief executive officer of Xiaomi Corp., strikes a gong as Lin Bin, co-founder and president, left, and Laura Cha, chairman of of Hong Kong Exchanges and Clearing Ltd. (HKEX), second left, look on while a representative of Mi Fan, right, gestures during the company’s listing ceremony at the Hong Kong Stock Exchange in Hong Kong, China. (Photographer: Anthony Kwan/Bloomberg)

China Traders Barred From Buying Xiaomi Through Stock Link

(Bloomberg) -- China’s stock exchanges said they won’t allow mainland investors to buy shares with weighted-voting rights in Hong Kong, sending Xiaomi Corp. shares slumping.
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