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The Nexus
BUSINESSJun 22 · 01:00 UTCSCMP WORLDIris Deng

Apple supplier Lingyi seeks US$1.1 billion Hong Kong IPO to fund AI and robotics push

Apple supplier Lingyi iTech seeks to raise up to US$1.1 billion via a Hong Kong IPO to fund expansion into AI hardware and humanoid robotics. The company, listed in Shenzhen, plans to debut on the Hong Kong stock exchange with an offering of 811.8 million shares at HK$10.18 each.

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