New Stock News | Transsion Holdings (688036.SH), the "King of African Mobile Phones," Said to Launch Hong Kong Listing Promotion Next Week, Aims to Raise US$400-500 Million

Zhito Finance APP has learned that, according to media reports citing people familiar with the matter, "King of African mobile phones" Transsion Holdings (688036.SH) plans to conduct pre-marketing next week for a Hong Kong listing sized at US$400 million to US$500 million. On June 18 this year, Transsion Holdings submitted its application to the Hong Kong Stock Exchange for a second time, with CITIC Securities as its sole sponsor.