The China Securities Regulatory Commission (CSRC) disclosed the initial public offering prospectus of the world largest contract electronics manufacturer Foxconn on February 9. The IPO application is pending with the CSRC for approval. It is expected that Foxconn’s Shanghai IPO will be another milestone for the internationalization of Chinese equity market. It will also make Foxconn the largest technology company in A-share market.
Here The Asset highlights the five things you need to know about Foxconn’s IPO and how it will affect the market. READ MORE
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