Jinghe Integrated Begins IPO Today With Max Price of HK$32.3 Per Share, Targeting HK$6.98 Billion Fundraise

Jinghe Integrated (02249), a wafer foundry services provider, begins its Hong Kong IPO starting today through July 7, offering 216 million H shares globally with a maximum price of HK$32.3 per share. The offering aims to raise up to HK$6.982 billion. A one-hand lot of 100 shares carries an entry cost of HK$3,262.57. The stock is expected to list on July 10, with China International Capital Corporation as sponsor.
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