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Apple Supplier Lingyi Set for HK Debut After $1.1b Offering

IPOs & SPACsEmerging MarketsCompany FundamentalsCapital Markets & Flows

Lingyi iTech Guangdong is set to begin trading in Hong Kong on Friday after raising HK$8.3 billion ($1.06 billion) in its share sale. The listing adds to Hong Kong's busiest month for IPOs this year, signaling continued capital market activity rather than a company-specific operational update.

Analysis

Lingyi iTech Guangdong is set to begin trading in Hong Kong on Friday after raising HK$8.3 billion ($1.06 billion) in its share sale. The listing adds to Hong Kong's busiest month for IPOs this year, signaling continued capital market activity rather than a company-specific operational update.

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