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File: Montage Technology Prices Hong Kong IPO at Upper End of Range, Securing HK$7 Billion in Funds
12 hour ago /
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Author：小编
According to trading documents, Montage Technology has established its Hong Kong Initial Public Offering (IPO) price at the upper limit of the indicated range. The company has priced each share at HK$106.89, with the issuance of roughly 65.9 million shares, thereby successfully raising HK$7 billion (equivalent to US$902 million). Notably, this IPO price reflects a 44% discount when compared to the closing price of its A-shares on Wednesday, which stood at RMB 170.90.
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