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Basic Semiconductor seeks to raise up to HK$866 million in a Hong Kong IPO

2026-06-29 00:47:26

Jinse Finance reports that on June 29, according to documents from the Hong Kong Stock Exchange, Shenzhen Basic Semiconductor Co., Ltd. will issue 27.40 million shares for listing in Hong Kong, with an offering price range of HK$27.49 to HK$31.62 per share. It is expected to raise up to HK$866 million (US$110 million). Trading is expected to begin on July 8.

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