SENASIC Electronics Technology kicked off bookbuilding on Tuesday, aiming to raise HK$980 million.
The Chinese wireless sensor System on Chip (SoCs) provider plans to sell 53.4 million H shares, priced at HK$18.36 per share.
Each board lot includes 200 shares, with a minimum investment of HK$3,709.
The company is expected to debut on June 17.
