Ceramic components maker Three-Circle seeks to raise up to $1 billion in Hong Kong listing

HONG KONG/SINGAPORE: Chaozhou Three-Circle Group, a Chinese maker of small ceramic components used in phones, cars, data centres and telecom equipment, aims to raise up to $1 billion in a Hong Kong listing, two sources with knowledge of the matter said.

The Shenzhen-listed company is awaiting approval from the China Securities Regulatory Commission, with the sources expecting ‌the deal to ⁠launch ⁠shortly after clearance, potentially as early as the end of June.