Black Sesame International Holdings (HKG:2533) made a weak trading debut in Hong Kong Thursday morning, as its shares fell nearly 33% at the opening bell.
The chipmaker opened at HK$18.80 per share, below its listing price of HK$28.00.
The company raised HK$950.8 million in net proceeds from its Hong Kong IPO after pricing the shares at the bottom of the indicative price range.
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