China-based Qinghai Lihao Semiconductor Material is mulling launching an initial public offering in Hong Kong in the second half of 2025, Bloomberg News reported, citing people familiar with the matter.
The IPO is seen to raise about 1 billion yuan, but details are not yet final and the final amount could change, the report said.
"We carefully evaluate all financing opportunities in line with our company's strategy and actual circumstances," a spokesman was quoted by Bloomberg as saying.
Qinghai Lihao did not immediately respond to a request for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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