Xiaomi has tapped CLSA, Goldman Sachs and Morgan Stanley as joint sponsors for its proposed IPO, people with direct knowledge of the matter said, in what could potentially value the Chinese smartphone maker at up to $100 billion.

The initial public offering could be the world’s biggest tech float in 2018 and is expected to come in the second half of the year, IFR reported on Monday.

Xiaomi has separately tapped Credit Suisse and Deutshe Bank to work on its IPO, another source told Reuters. The source, however, added that the roles for global banks haven’t been decided and that no formal mandate has been given to any Chinese bank.

READ FULL ARTICLE HERE