Hua Hong opens up $360m HK IPO

By Rashmi Kumar
29 Sep 2014

Hua Hong Semiconductor is all set to list on the Hong Kong Stock Exchange, having opened books for its HK$2.79bn ($360m) IPO on Monday, September 29.

The company is offering a total of 228.7m primary shares at a price range of HK$11.15-HK$12.20. If the deal prices at the top of the range, it will net the Chinese group HK$2.79bn.

Hua Hong ranks second in the world among companies operating purely in the 200mm semiconductor ...

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