Singapore's financial sector was watching closely from the sidelines last week when the Hong Kong stock exchange pulled off a US$54 billion (S$73.6 billion) listing coup.
It came in the form of Chinese smartphone maker Xiaomi, which splashed its way onto the exchange in what was one of the year's most highly-anticipated initial public offerings (IPOs) since Alibaba in New York in 2014.
We have been experiencing some problems with subscriber log-ins and apologise for the inconvenience caused. Until we resolve the issues, subscribers need not log in to access ST Digital articles. But a log-in is still required for our PDFs.