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Example Sentences

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The companies, spanning from artificial intelligence to chip designers and biopharmaceuticals, aim to raise around 16.6 billion Hong Kong dollars, equivalent to US$2.13 billion, according to filings to Hong Kong’s exchange operator on Wednesday.

From The Wall Street Journal

The Shanghai-based firm has secured Alibaba Group, Abu Dhabi Investment Authority, and South Korea’s Mirae Asset Securities as key backers in its coming IPO, and expects shares to start trading on the Hong Kong Exchange from Jan. 9.

From The Wall Street Journal

It plans to use 90% of the net proceeds for research and development over the next five years.

From The Wall Street Journal

OmniVision Integrated Circuits, a fabless semiconductor design company, and GigaDevice Semiconductor, an integrated circuit design house for a diverse range of chips, are looking to raise over HK$4.0 billion each via their respective IPOs.

From The Wall Street Journal

Copper cathodes manufacturer Yunnan Jinxun Resources aims to start trading on Jan. 9, and plans to use most of its IPO net proceeds to expand its core operations and about 10% to pay down debt.

From The Wall Street Journal