Chipmaker Megain Holds IPO, Ranks of Public Firms in China’s Supplies Industry Swell


On March 31, Megain Holdings was listed on the Hong Kong Stock Exchange (HKSE). Incorporated in the Cayman Islands, the Zhuhai, China-based firm markets chips for the third-party supplies industry. According to the Hong Kong bourse’s website, Megain (6939) shares started trading at HKD 1.39 ($0.18) but closed at HKD 1.34 ($0.17) after reaching an

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