FIT Hon Teng IPO finally plugs in

Second time lucky for Hon Hai’s connector business as it finally prices its Hong Kong IPO, even if the selling price is nowhere near what it expected nine months ago.
July 04, 2017

Taiwan’s Hon Hai Precision Industry is on course to complete its second spinoff in Hong Kong after pricing a $2.7 billion ($342 million) initial public offering of shares in its connector business. 

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