Speaking at the announcement that CGPFUNDS has obtained a limited amount of Pre IPO Xiaomi stock. CGPFUNDS Chief Executive Alastair Laing said “ I am very happy to have arranged with Xiaomi this exciting Pre IPO stock. Although the majority of this stock will go to our institutional clients, we were able to reserve a percentage of this stock, which we will allocate to our private retail clients”.
Michael Jacobs, who is Chief Risk Manager & Portfolio Monitoring Officer, added “It is not very often that something comes along in the market that offers such potential, to be No1 in China after just 5 Years is amazing growth ”.
“As soon as this was announced we had retail clients registering for Xiaomi. This is going to be bigger than Alibaba ( BABA) last year, mainly because the Business Model on Xiaomi has already shown 211% and thats with exposure to just 6 Countries, they now have a licence to sell the accessories in the States so the growth potential of this new company is through the roof"