Apple Supplier Lingyi Set for HK Debut After $1.1b Offering
AI Summary
Lingyi iTech Guangdong Co., a key supplier for Apple's electronic devices, is making its market debut in Hong Kong following a successful share sale that raised HK$8.3 billion ($1.06 billion). This significant funding comes amid Hong Kong's busiest month for listings this year, highlighting investor interest in the tech sector. The move underscores the growing importance of the Chinese tech industry and its global ambitions, as well as the robust market conditions for new listings in Hong Kong.
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