ChipsThe Next Webabout 2 hours ago
Nexchip seeks up to $890m in Hong Kong share sale
1 min read
Nexchip Semiconductor, China's third-largest pure-play foundry, seeks up to HK$6.98 billion ($890 million) in a Hong Kong share sale. The Hefei-based state-backed chipmaker is offering 216.2 million shares at up to HK$32.30 each, with trading expected to begin on 10 July. The dual listing opens Nexchip to international capital.
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