Apple proxy prices Hong Kong IPO

Pricing comes towards the bottom end of the range after investors view the company's dependence on Apple as a potential weakness rather than strength.

Korean-owned camera module manufacturer, Cowell e Holdings, completed its Hong Kong initial public offering towards the lower end of its indicative range on Wednesday after a core group of investors were able to leverage their price sensitivity into a lower valuation.

¬ Haymarket Media Limited. All rights reserved.

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