Xiaomi CEO Tries to Follow in Steve Jobs’ Footsteps
When Lei Jun was a freshman at Wuhan University in 1988, he read a book on Silicon Valley and how it had nurtured many leading high-tech entrepreneurs, including Apple Inc. co-founder Steve Jobs.
The current CEO of Xiaomi Corp., which aspires to become the Apple of China, was so impressed that he couldn’t sleep for several nights and had to walk around campus just to calm his excitement. Lei is likely feeling similar butterflies in his stomach this week, as his company on Monday will debut shares in Hong Kong in one of the world’s largest high-tech initial public offerings (IPOs) in years, despite a tepid reception from investors.
- 1Chart of the Day: ‘Made in China 2025’ Dropped From List of Local Government Priorities
- 2‘Aquaman’ Makes Huge Splash in China Box Office
- 3Update: Huawei CFO Faces U.S. Fraud Charges, Canadian Court Told
- 4Update: China Logs Record-High Surplus With U.S. Despite Softening Overall Export Growth
- 5It Has Been a Bad Year for the Yuan. 2019 Could Be Worse
- 1Power To The People: Pintec Serves A Booming Consumer Class
- 2Largest hotel group in Europe accepts UnionPay
- 3UnionPay mobile QuickPass debuts in Hong Kong
- 4UnionPay International launches premium catering privilege U Dining Collection
- 5UnionPay International’s U Plan has covered over 1600 stores overseas