fintech / news / / South China Morning Post
Huaqin is the latest mainland-listed firm to tap Hong Kong's stock market with Beijing's backing.
Huaqin is seeking to raise up to HK$4.55 billion through a Hong Kong share sale.
KEY POINTS
- The offer price represents a 31.2% discount to Huaqin’s mainland A-share closing price.
- Victory Giant Technology, an Nvidia supplier, is a cornerstone investor in this Hong Kong offering.
- Huaqin led the global market in tablet and smart wearable ODMs in 2024 by shipment volume.
- Huaqin was the world’s second-largest smartphone ODM with a 25.9% market share in 2024.
COMPANIES
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