Zhuhai Amicro Technology, backed by Xiaomi, clears hearing to pursue a HK IPO of over $100m
According to SCMP Business, Zhuhai Amicro Technology, a Xiaomi-backed chipmaker, is preparing premarketing for a Hong Kong IPO of more than US$100 million as early as this week, after passing its listing hearing with HKEX last week. The report notes the regulatory hurdle was cleared for a share sale in Hong Kong.
Key facts
- 01Zhuhai Amicro Technology is preparing premarketing for a Hong Kong IPO.
- 02The IPO is expected to raise more than US$100 million.
- 03The company passed its HKEX listing hearing last week.
- 04The information is described as private and comes from people familiar with the matter.
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