Beijing Saimo Technology is seeking to raise up to HKD 600 million through an IPO in Hong Kong
According to documents from the Hong Kong Stock Exchange, Beijing Saimo Technology Co., Ltd. will issue 33 million shares of stock, with a price range of HKD 12.0-18.0 per share. The company aims to raise up to HKD 600 million. Trading is expected to begin on January 15. Guangyin International is the sole sponsor