Chinese smartphone company Honor gets new investors as it gears up for IPO
Publishing timestamp: 2024-10-30 22:30:59
Summary
Honor, a Huawei spinoff, announced new investors as it prepares for an initial public offering. The company plans to change its shareholder structure in the fourth quarter and start the IPO process at a suitable time. Honor spun off from Huawei in 2020 after the parent company was hit by U.S. sanctions.
Sentiment: NEUTRAL
Tickers: 728-HK,
Keywords: markets, breaking news: technology, stock markets, market insider, business news, technology, ipo, china telecom corp ltd,