Market Chatter: Shenzhen Longsys Prices Hong Kong IPO at HK$236, Below Top of Range, Sources Say
MT Newswires Live
Yesterday
Shenzhen Longsys Electronics (HKG:9976, SHE:301308) priced its Hong Kong shares at HK$236 apiece, below the top of the marketed range, Bloomberg News reported Thursday, citing people familiar with the matter.
The memory chipmaker's Hong Kong offering was priced HK$4.60 below the maximum indicated price of HK$240.60, according to the report.
Longsys Electronics did not immediately respond to MT Newswires' request for comment.
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