Shenzhen Kinwong to raise $650 million in Hong Kong listing on AI demand

Shenzhen Kinwong Electronic (3228.HK) SSE:603228 said on Friday that it had priced its Hong Kong share sale at HK$69.88 per share, aiming to raise HK$5.1 billion ($650.22 million) to expand capacity and meet AI-driven demand.Here are some details:($1 = 7.8435 Hong Kong dollars)