DapuStor (SHE:301666) plans to launch a secondary share listing on the Hong Kong Stock Exchange, according to a Tuesday disclosure to the Shenzhen bourse.
The listing of the maker of controller chips for solid-state drives is subject to approval by securities regulators in Hong Kong and mainland China, as well as the Hong Kong bourse.
DapuStor shares fell nearly 4% in Shenzhen during late-morning trading on Tuesday.