Market Chatter: Montage Technology Set to Price Hong Kong IPO at Top of Range
MT Newswires Live
3 hours ago
Montage Technology (HKG:6809, SHA:688008) is set to price its Hong Kong initial public offering at the top end of the marketed range, Reuters reported Tuesday, citing two people with knowledge of the matter.
The Shanghai-listed fabless IC design company is offering 65.9 million shares at a maximum price of HK$106.89 per share, seeking to raise as much as HK$7.04 billion.
(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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