Xiaomi is known as China’s Apple.
For the superfans, this is a compliment to the Chinese smartphone giant. But to the critics, it is an ironic commentary on just how the eight-year-old startup rose to become China’s top smartphone seller by following Apple's every move.
The Beijing-based company, which is now one of China's most recognisable homegrown consumer brands, is set to be the centre of attention of the global stock market next month after it launched its highly-anticipated initial public offering in Hong Kong, seeking as much as HK$48 billion $6.1 billion in what could be the world's largest IPO in nearly two years.
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