<ul><li>Xiaomi is expected to raise about $5.5 billion in a share sale to expand its electric vehicle (EV) business.</li><li>Xiaomi increased its offering to about 800 million Class B shares and the funds will be used for business expansion and investment in technology research and development.</li><li>Xiaomi raised its full-year target for EV deliveries and plans to expand its production capacity and store network in China and internationally.</li><li>Total equity issuance from Chinese companies in the first quarter more than doubled over the previous year, driven by interest in Chinese AI start-up DeepSeek and easing regulation.</li></ul>

Xiaomi Raises $5.5bn In Expanded Share Sale

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