GO
| HSI1 | 25,893.54 | +141.14 | 246.32B |
| HSCEI1 | 8,655.04 | +43.21 | 75.28B |
| Back Zoom + Zoom - Block Traded | |
|
2026-04-09 08:34:33 Chinese complementary metal-oxide semiconductor (CMOS) image sensor (CIS) provider Changguang Chenxin (03277.HK) announced its Hong Kong listing plan. The company plans to issue more than 65.2942 million H shares, of which 10% will be offered in the Hong Kong public offering, at an offer price of HKD39.88 per share. Each board lot is 100 shares, with an entry fee of approximately HKD4,028.23. The offer period runs from today (9 Apr) to 14 Apr, with trading in the shares expected to commence on 17 Apr. CITIC Securities and Guotai Haitong are the joint sponsors and overall coordinators. Cornerstone investors have agreed to subscribe for shares worth approximately USD166 million (HKD1.301 billion). These investors include CPE Peepal, HHLRA, UBS AM Singapore, Arc Avenue, Boyu, Fullgoal Fund, GF Fund, Jinglin, Future Hong Kong, Perseverance Asset Management, Yield Royal Investment, 3W Fund, Zhongding Capital VIII, ICBC Wealth Management, Ningyuan Capital, Source Code Capital, WT Asset Management, E Fund, China Asset Management, Value Partners and CMSI Investment Management. The company expects to raise net proceeds of approximately HKD2.503 billion from the listing. About 55% will be used to increase investment in research and development; approximately 21% will be used to establish an advanced CMOS image sensor R&D center; about 4% will be used to expand packaging and testing production lines; around 10% will be allocated to enhance overseas operations through strategic regional expansion; and the remaining 10% will be used for working capital and general corporate purposes. (ca/w)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |