SHA:688019

Anji Microelectronics Technology (Shanghai) Makes Confidential Filing of Secondary Offering in Hong Kong

Anji Microelectronics Technology (Shanghai) (SHA:688019) made a confidential submission of its secondary share offering with the Hong Kong Exchange, according to a Thursday disclosure to the Shanghai bourse.The semiconductor materials maker will complete filing procedures with regulators in mainland China and will still be subject to approval.Company shares slipped 1% during morning trading on Thursday.

Anji Microelectronics Technology Eyes Hong Kong Listing

Anji Microelectronics Technology (SHA:688019) is planning an H-share issuance and listing on the Hong Kong Exchange, according to a Tuesday filing.The company is finalizing the details of the H-share offering, which is subject to the approval of the board and shareholders. It also requires clearance from the China Securities Regulatory Commission, the Hong Kong Exchange, and other regulators.Anji is a core supplier of critical semiconductor materials in China.

Nomura Upgrades Anji Microelectronics Technology to Buy From Neutral, Adjusts Price Target to 320 Yuan From 175 Yuan