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Shenzhen Longsys Electronics prices HK share sale below top range

Chinese chipmaker Shenzhen Longsys Electronics set its Hong Kong offer price below the top end of the marketed range, aiming to raise about HK$6.15 billion ($784.38 million).

301308

Chinese chipmaker Shenzhen Longsys Electronics SZSE:301308 said on Friday it has set the offer price for its Hong Kong share sale below the top end of the marketed range, as it looks to raise about HK$6.15 billion ($784.38 million). It added: ($1 = 7.8406 Hong Kong dollars).