China's MeiG Smart Technology seeks to raise $129 million in Hong Kong listing

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2026.02.26 22:31
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Feb 27 (Reuters) - China's MeiG Smart Technology is looking to raise as much as HK$1.01 billion ($129.1 million) in its Hong Kong listing, according to an exchange filing on Friday. The Shenzhen-based company, which provides wireless data terminals for IoT devices, is offering 35 million shares at a maximum price of HK$28.86 a piece. ($1 = 7.8227 Hong Kong dollars) (Reporting by Sameer Manekar in Bengaluru; Editing by Varun H K)