Shares in China-based gallium nitride-on-silicon (GaN-on-Si) power chip maker InnoScience (Suzhou) Technology Holding Co Ltd began trading on 30 December after being listed on the Main Board of the Hong Kong Stock Exchange in an initial public offering (IPO) of 45.36 million shares at HK$30.86 each, raising gross proceeds of HK$1.4bn (US$180m). The offer price range had been HKD30.86-33.66, aiming to raising up to HKD1.527bn ($193m)...
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