Xiaomi-backed Dreame is reportedly considering a Hong Kong IPO in 2027 to support global expansion and smart home innovation.

Xiaomi plans to enter China’s extended-range EV market, expanding beyond fully electric cars to reach more consumers amid rising competition.

Dreame Technology is considering a Hong Kong listing as soon as next year. The $9.6 billion company dominates robot vacuum sales in 30 countries and is building a hypercar.

Xiaomi-backed Dreame is reportedly considering a Hong Kong IPO in 2027 to support global expansion and smart home innovation.