Source: Tech – South China Morning PostBeijing-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 each, according to a filing on Monday. The shares were expected to start trading on August 25 under the…Read More