Shenzhen Transsion Receives China Regulatory Approval for Hong Kong IPO
Shenzhen Transsion (SHA:688036) received China regulatory clearance for its offering of up to 132.4 million shares in its secondary offering on the Hong Kong Exchange, according to a Friday disclosure to the Shanghai bourse.The clearance is valid for 12 months.The mobile phone maker's offering is still subject to regulatory clearance from bourse and securities authorities in Hong Kong.