Tianyu Semiconductor has officially launched its IPO and is expected to list on December 5th.

Tianyu Semiconductor began its IPO on November 27th and plans to list on December 5th, with an offer price of HK$58.00 per share. The global offering comprises 30,070,500 shares, of which 3,007,050 are offered to the public in Hong Kong and 27,063,450 are offered internationally. The expected proceeds are approximately HK$1.744 billion.