China's OmniVision to open slightly higher in Hong Kong trading debut
SINGAPORE, Jan 12 (Reuters) - Shares of Chinese semiconductor design company OmniVision Integrated Circuits are set to open slightly higher on their first day of trading on the Hong Kong bourse after having raised HK$4.8 billion ($615.91 million) from a second listing in the city.
Shares of the Shanghai-listed firm are set to open at HK$108 each, 3.1% higher than its offer price of HK$104.80.
($1 = 7.7933 Hong Kong dollars)
(Reporting by Yantoultra Ngui in Singapore and Yiming Shen in Shanghai; Editing by Christian Schmollinger)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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