China's Iluvatar CoreX seeks to raise $902 million in Hong Kong share sale
09/07/2026 01:27
China's Iluvatar CoreX seeks to raise $902 million in Hong Kong share sale July 9 (Reuters) - China's Shanghai Iluvatar CoreX Semiconductor 9903.HK is looking to raise around HK$7.07 billion ($901.98 million) in a Hong Kong share sale, according to an exchange filing on Thursday.
The GPU designer is offering 14.9 million new H shares at HK$476 apiece, representing a 15% discount to the stock's last close.
($1 = 7.8383 Hong Kong dollars)
(Reporting by Nikita Maria Jino in Bengaluru; Editing by Rashmi Aich)
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