01
Dec
07:41
Ningbo Lygend lists on HKEX
Ningbo Lygend Resources & Technology Co., Ltd., a leading enterprise in the nickel industry, finally saw its listing on the main board of the Hong Kong Stock Exchange (HKEX) on 1 December, after several twists and turns earlier this year, Kallanish notes.
Through the initial public offering (IPO), Lygend raised about HKD 3.5 billion ($450 million) in funds. In considering the possible raising of HKD 3.96 billion, the company intended to use 56.4% of that for a…
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