Ingenic launches IPO to join wave of mainland China chipmakers raising funds in Hong Kong
Beijing-based Ingenic Semiconductor has launched a Hong Kong share offering to raise up to HK$3.22 billion (US$410.4 million), joining a growing wave of mainland Chinese chipmakers tapping the city’s capital markets to fund international expansion. The company, which has been listed on Shenzhen’s Nasdaq-like ChiNext board since 2011, is offering 31.29 million H shares priced at up to HK$102.80…
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