China’s Transsion, Africa’s top phone maker, targets US$500 million Hong Kong listing

Oct 6, 2026

Shenzhen Transsion Holdings has begun to take investor orders for its Hong Kong listing, with the maker of Africa’s bestselling phones offering 86.6 million shares at a maximum price of HK$38.8 per share, according to the company’s prospectus on Wednesday. The public offering will run from October 7 to 12, with the company expected to list on October 15, seeking to raise up to HK$3.36 billion (US$428.1 million). With the overallotment option, the deal size may grow to the equivalent of about...

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