How to Make a 56,823% Return With Hong Kong's Worst Ever IPO
Lei Jun, chairman and chief executive officer of Xiaomi Corp., right, and Chew Shou Zi, senior vice president and chief financial officer, give a thumbs up while posing for photographs ahead of the company’s listing ceremony at the Hong Kong Stock Exchange in Hong Kong, China. (Photographer: Anthony Kwan/Bloomberg)

How to Make a 56,823% Return With Hong Kong's Worst Ever IPO

(Bloomberg) -- Xiaomi Corp. is a perfect example of how taking a company public can make a select number of shareholders a lot of money, even if the IPO flops.
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