Soros Said to Place Order in Xiaomi's $6.1B Hong Kong IPO

The video discusses a company's IPO, currently being priced in San Francisco. The initial price range is set between 17 to 22 Hong Kong dollars, with expectations of pricing at the lower end. Major investors like US Capital Group and Hillhouse have placed significant orders. Retail demand is lower compared to other IPOs, with an 8 to 10 times subscription rate, keeping the retail portion at 5% of the deal. Despite this, the IPO is substantial, valued at 6 billion, requiring significant demand to inflate.

What are the expectations regarding the pricing of the IPO?

What is the total amount of the IPO mentioned in the text?