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BaTeLab Co.

BaTeLab Co. (Ticker: 2149 HK) is a manufacturer of integrated circuit wafers, specializing in analog integrated circuit research and development. Based in Suzhou, China, the company operates primarily in the high-tech sector. BaTeLab will list on the Hong Kong Stock Exchange on December 28. The firm is selling 15 million shares at a price range of HK$27.47 to HK$38.45 each. The expected offer size is HKD 577 million (USD 73.9 million). The offering is managed by CICC as the sole sponsor.

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