Property News · June 16, 2017

iPhone’s biggest screen maker seeks to raise HK$10 billion in Hong Kong IPO


Every swipe on a smartphone brings a smile to Yeung Kin-Man’s face. The founder of Biel Crystal Manufactory Ltd. is the world’s largest producer of cover glass, used in two of every three of Apple’s iPhones sold in the world.
Yeung plans to sell Biel’s shares on the Hong Kong stock exchange this year, aiming to raise more than HK$10 billion in what would be the city’s second-biggest IPO of 2017. The 64-year old tycoon is seeking capital to expand into industries…

Source : South China Morning Post
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