AMTD-led consortium confirms digibank wholesale application in Singapore

THE consortium comprising AMTD Group, SP Group, Xiaomi Finance and Funding Societies, on Tuesday announced that it has applied for a digital wholesale banking licence in Singapore.

China's Xiaomi launches online lending service in India

[NEW DELHI] Chinese smartphone maker Xiaomi Corp launched its online lending service in India on Tuesday, widening its offering of financial products in one of the world's biggest Web services...

Xiaomi IPO draws bids at 9.4% discount in grey market

[HONG KONG] Xiaomi Corp.'s debut is off to a bad start even before its shares officially begin trading in Hong Kong on Monday.