Shares of Lingyi iTech opened 6% higher in the Chinese precision parts maker's Hong Kong debut on Friday, after the Apple supplier raised about HK$8.3 billion ($1.06 billion) in a share sale in the city.
Lingyi iTech, an Apple precision parts supplier, saw its shares open 6% higher during its Hong Kong debut on Friday. The company successfully raised approximately HK$8.3 billion, equivalent to $1.06 billion, through a share sale in the city. This strong performance marks a…
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