Longsys prices Hong Kong share sale at HK$236, below indicated top range
Shenzhen Longsys Electronics has fixed the price for its Hong Kong listing at HK$236 per share, below the previously indicated ceiling of HK$240.60. The company is offering roughly 26 million shares, with an option to expand the placement by up to 15%, and plans to list in Hong Kong on Sept. 8. The Hong Kong price implies a substantial discount to …