Xiaomi Said to Raise $4.7B After Pricing at Low End

The video discusses a deal priced in San Francisco, highlighting key investors like George Soros Fund and Hell House Capital Group. Trading is set to start on July 9th, with a week for retail investors to understand their order allocations. Retail subscriptions are underperforming, potentially allowing investors to receive a larger share than expected.

What is expected to happen with the allocation of shares to investors?

What does the text suggest about the performance of retail subscriptions?