Chinese semicon designer Montage to price $902 million Hong Kong listing at top of range

SYDNEY/SINGAPORE: Chinese semiconductor designer Montage ⁠Technology is set to price its Hong Kong listing at the top end of a range, raising as much as HK$7.04 billion ($902 million), two people with knowledge ‌of the ‌matter said.

Montage has offered 65.9 million H shares in Hong Kong at a maximum ‌offer price of HK$106.89 apiece, valuing the firm at about HK$180.36 billion, the people told Reuters on Tuesday.

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