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<IPO>Shenzhen ADTEK Tech Reportedly Plans to File for HK Listing as Early as Tmr, Targeting at Least USD500M in Funds
Shenzhen ADTEK Technology is exploring an IPO in Hong Kong and is working with CITIC Securities and Jefferies to discuss potential listing arrangements, Bloomberg, quoting people f...
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<IPO>Shenzhen ADTEK Tech Reportedly Plans to File for HK Listing as Early as Tmr, Targeting at Least USD500M in Funds
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Shenzhen ADTEK Technology is exploring an IPO in Hong Kong and is working with CITIC Securities and Jefferies to discuss potential listing arrangements, Bloomberg, quoting people familiar with the matter, reported.

The company is said to be seeking to raise at least USD500 million, with a valuation ranging from USD3 billion to USD4 billion.

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It may submit its listing application as early as Friday (15th), though final details including valuation, fundraising size and listing timetable have yet to be set in stone.

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