-- Chaozhou Three-Circle (SHE:300408) is planning a Hong Kong listing that could raise as much as $1 billion, Reuters reported Monday, citing people familiar with the matter.
The Shenzhen-listed electronic components maker is awaiting clearance from the China Securities Regulatory Commission, the report said.
The offering is expected to proceed soon after approval, potentially by late June, the report added.
Three-Circle and the deal's sole sponsor, China Galaxy International, did not respond to comment requests from the news agency.
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