Nexchip Semiconductor is China’s third-largest pure-play foundry, a sentence that until recently would not have led to a Hong Kong listing. It does now. The Hefei-based, state-backed chipmaker is seeking to raise up to HK$6.

Source: [TNW](https://thenextweb.com/news/chinas-nexchip-seeks-up-to-890m-in-hong-kong-share-sale)

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