New Stock News | Howei Integrated Hong Kong Stock IPO Approved by China Securities Regulatory Commission
On December 9th, the International Cooperation Department of the China Securities Regulatory Commission issued the "Notice of Overseas Issuance and Listing Filing of Howell Integrated Circuits (Group) Co., Ltd."
On December 9, the International Cooperation Department of the China Securities Regulatory Commission issued the "Notice of Overseas Initial Public Offering and Listing Record of Hua Microelectronics (Group) Co., Ltd." Hua Microelectronics plans to issue no more than 73,670,200 shares of overseas-listed common stock and list on the Hong Kong Stock Exchange.
According to the prospectus, based on data from Frost & Sullivan, by 2024, Hua Microelectronics is one of the top ten fabless semiconductor companies globally in terms of revenue. According to Frost & Sullivan's data, based on revenue from image sensor solutions in 2024, the company is the third largest digital image sensor supplier globally.
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