Xiaomi is going IPO in HK

Highlights -Valued at apprx. 70~100bn -sizeable m/s in China and India (India smartphone penetration rate is around 30%, Xiaomi no.1 in the market) -Major focus on smartphone, TV, computer, vacuum, etc (All kinds of home appliances) -The margin will never exceed 5%, meaning that they will provide quality products at lower prices unlike other manufacturers, such as Apple and Samsung recording double-digit net income margin Your thoughts?