Chinese graphics card maker Biren raises $717M in IPO

Chinese graphics card supplier Shanghai Biren Intelligent Technology Co. has raised the equivalent of $717 million in its initial public offering. The listing, which took place today in Hong Kong, saw the company sell 284.8 million shares. Buyers paid $19.6 apiece, the top end of the price range that Biren sought. Demand for the stock […]
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