Shenzhen Capchem Technology Directors Give Green Light to Hong Kong IPO; Shares Slide 3%

MT Newswires Live12-12

Shenzhen Capchem Technology (SHE:300037) directors approved on Thursday a plan to list its shares on the Hong Kong Stock Exchange, according to a Friday disclosure to the Shenzhen bourse.

The electronic chemicals manufacturer's IPO is subject to regulatory approval in Hong Kong and mainland China.

Shares fell 3% during Friday morning trading.

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