Shenzhen Zhaowei Machinery & Electronics aims to raise $252 million through HK listing

About this update from Shenzhen Zhaowei Machinery & Electronic Co., Ltd. Class A

Shenzhen Zhaowei Machinery & Electronics SZSE:003021 is seeking to raise up to HK$1.97 billion ($251.83 million) through a Hong Kong listing, according to an exchange filing on Friday.The firm is offering 26.7 million shares at a maximum price of HK$73.68 apiece.($1 = 7.8227 Hong Kong dollars)

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