Transsion completes Hong Kong listing, raising about HKD 3.06 billion

Chinese smartphone maker Transsion, owner of TECNO, Infinix and itel, began trading on the Hong Kong Stock Exchange on October 15 under code 02636. It offered roughly 86.65 million H shares at HKD 35.30 each, raising about HKD 3.06 billion before expenses, adding a second capital-market platform to its 2019 Shanghai STAR Market listing.

• About 86.65 million H shares offered at HKD 35.30 each
• Raised roughly HKD 3.06 billion before expenses
• Trading started October 15 under stock code 02636
• Transsion sells products in more than 100 countries