Love to play computer games On June 22, it was reported that a few days ago, Xiaomi held an investor promotion meeting in Hong Kong on the eve of its listing. It is reported that the current valuation of Xiaomi is between $53.9 billion and $69.8 billion, while after the exercise of the over allotment right, the valuation is between $54.3 billion and $70.3 billion. This valuation is far lower than the $100 billion that was highly praised by the outside world a month ago.

In the face of external doubts about Xiaomi's market value, Lei Jun, the founder of the company, stood on the stage and said, "I don't care whether Xiaomi is an Internet company. Many people asked me whether I was valuing Xiaomi Tencent or Apple. I said I would like Tencent to take advantage of Apple's valuation, because Xiaomi is versatile."

Why is Xiaomi omnipotent? Lei Jun believes that Xiaomi can do e-commerce, hardware and the Internet at the same time, so it is a versatile company.

Lei Jun also said at the promotion meeting that the mobile phone industry still has more than five times of growth, and Xiaomi will continue to seize market share in the future. He even claimed that in the next 10 years, the world's largest mobile phone companies are either Huawei or Xiaomi, and the probability that Xiaomi will become the world's largest mobile phone company is extremely high. Lei Jun repeated what he said when releasing Xiaomi 6X at this meeting: "Xiaomi wants to be a great company."

Today, Lei Jun and other Xiaomi executives signed on Xiaomi's prospectus. According to the plan, Xiaomi will start the offering on June 25.

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