HONG KONG-China-telecommunication-stocks-technology-Xiaomi

Xiaomi founder, chairman and CEO, Lei Jun (centre L), gives a thumbs up in front of the media (R) at the company's initial public offering (IPO) launch on the Hong Kong Stock Exchange in Hong Kong on July 9, 2018. - Chinese smartphone giant Xiaomi kicked off its trading debut in Hong Kong on July 9, a long-awaited IPO overshadowed by the start of a US-China trade war and bearish investor sentiment. (Photo by ISAAC LAWRENCE / AFP) (Photo credit should read ISAAC LAWRENCE/AFP via Getty Images)