Montage Tech Sets Hong Kong IPO Price at Top of Range, Raises HK$7 Billion

Deep News02-05

According to trading documents, Montage Technology has priced its Hong Kong listing at the top end of the indicated range, raising HK$7 billion (US$902 million). The company set the price for approximately 65.9 million shares at HK$106.89 per share, representing a 44% discount to Wednesday's closing price of RMB 170.90 for its Shanghai-listed shares.

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