EconomyHong Kong investors show little interest in Africa’s top phone maker Transsion’s listing
Shenzhen Transsion Holdings’ HK$3.36 billion (US$428 million) Hong Kong share offering received a lukewarm response, raising concerns about sentiment toward fourth-quarter listings. Preliminary figures showed about 14,000 applications and roughly 3.5-times oversubscription.
Hong Kong investors show little interest in Africa’s top phone maker Transsion’s listing
Economy