semiconductor / news / / Reuters
Shanghai-listed Montage has offered 65.9 million H shares at a maximum price of HK$106.89.
Two Chinese chip designers launched Hong Kong IPOs seeking a combined HK$10 billion funding.
KEY POINTS
- Montage is offering 65.9 million H shares with trading to start on February 9.
- Seventeen cornerstone investors, including JPMorgan and UBS, committed $450 million to Montage's IPO.
- Axera, founded in 2019, develops AI SoCs for on-device computing in cameras and vehicles.
COMPANIES
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