Apple Supplier Lens Tech Said to Price $607 Million Hong Kong Listing at Top of Range
Apple Inc. supplier Lens Technology Co. has raised HK$4.8 billion ($607 million) after pricing its Hong Kong listing at the top of the marketed range, according to terms of the deal seen by Bloomberg News.
The Shenzhen-listed company has sold 262.3 million shares at HK$18.18 each, the terms show, confirming an earlier report by Bloomberg News. Lens Technology had offered the shares at HK$17.38 to HK$18.18 apiece.