Black Sesame becomes second HKEX Chapter 18C listing
The Chinese vehicle chip firm made its debut on the HKEX amid market instability, and saw a slump in its share price.
Koichiko
August 13, 2024
In another boost for Asia's equity capital markets, Black Sesame International Black Sesame debuted on the Hong Kong Stock Exchange HKEX on August 8. Headquartered in Wuhan, China, and with a presence in Singapore and San Jose, Black Sesame is one of the largest intelligent vehicle computing chip companies in the world.
The technology firm’s listing marks the second initial public offering IPO under the Hong Kong Chapter 18C scheme, HKEX’s new scheme for that eases listing requirements for specialist technology companies’ which came into effect on March 2023. The Chapter 18C rules stemmed from the city’s efforts to attract the listing of more technology companies in Hong...
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