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IThome · Published 2026-10-07 11:21

"Africa's phone king" Transsion Holdings plans to list in Hong Kong: raising up to 3.36 billion HKD, increasing AI R&D

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Transsion plans to issue 86.6 million shares at a maximum of HK$38.80 per share, expected to list on October 15. GIC, E Fund and other cornerstone investors subscribed about 37% of the share. Proceeds will be used for AI technology R&D. #

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