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Shares in China's Xiaomi fall on Hong Kong debut

Shares in China's Xiaomi fall on Hong Kong debut

Chinese smartphone giant Xiaomi kicked off its trading debut in Hong Kong Monday, a long-awaited IPO overshadowed by the start of a US-China trade war and bearish investor sentiment.

Shares opened at HK$16.60 in Hong Kong, down from their opening price of HK$17.00.

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