Changzhou Microintelligence Co postpones global IPO due to market conditions

Chinese intelligent robots producer Changzhou Microintelligence Co (3275) decided to postpone its global offering and planned listing on the Stock Exchange of Hong Kong after considering various factors including current market conditions, the company announced. 

Full refunds via cheques will be processed starting Wednesday without interest. 

The company previously planned to raise up to HK$800 million with 32.28 million H shares. 

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗧𝗵𝗲 𝗦𝘁𝗮𝗻𝗱𝗮𝗿𝗱 𝗔𝗽𝗽 ↓