The HK$18.18 price reflects a discount of 30% to Lens Technology’s closing price of 23.74 yuan on Friday. A representative for Lens Technology declined to comment.
Apple supplier Lens Technology Co. has raised HK$4.8 billion ($781 million) after pricing its Hong Kong listing at the top of the marketed range, according to people familiar with the matter.
The Shenzhen-listed company has sold 262.3 million shares at HK$18.18 each, the people said, asking not to be identified because the information isn’t public. Lens Technology had offered the shares at HK$17.38 to HK$18.18 apiece.
