Qualcomm, China Mobile Said Planning Investment in Xiaomi's IPO

The video discusses Shoney's Mega IPO, a significant event for the Chinese smartphone maker aiming to raise up to $6.1 billion through a Hong Kong listing. Strategic investors like China Mobile and Qualcomm are involved to boost demand. The process involves engaging institutional investors to determine the IPO's final price, followed by a retail tranche. This IPO is expected to be one of the largest since Alibaba's in 2014.

What will happen after the institutional investors are consulted?

How does the upcoming IPO compare to Alibaba's IPO in 2014?