Wafer thin demand for CSMC

CSMC Technologies completed a 621 million share deal on Friday, raising HK$310.5 million ($39.8 million) after pricing the offering at the bottom of its HK$0.50 to HK$0.54 indicative range. Citigroup was lead manager of the deal, which may get bumped up to HK$357.07 million ($45.7 million) if the greenshoe is exercised.