Montage Technology said on Friday that it was planning a Hong Kong listing, without providing further details.
Chinese chip-designer Montage Technology has hired banks for its planned Hong Kong listing that could raise about US$1 billion ($1.29 billion), according to people familiar with the matter.
The Shanghai-listed company is working with China International Capital, Morgan Stanley and UBS Group on the potential share sale, the people said, asking not to be identified because the information isn’t public.
