EDM1 – Issue 408

The X-factor: Lei Jun chooses Hong Kong for Xiaomi’s mega IPO

Also: Gree drops dividend and diverts into chipmaking; Alibaba beats forecasts and targets $5 trillion of sales; how the new mood on North Korea has sparked a property boom in neighbouring Dandong

Plus: Warren Buffett talks China at annual Berkshire gathering; Japan’s Suntory sues China firm over near identical cans; and the shoe brawl at Balenciaga that stirred a backlash on social media