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

China’s Transsion, Africa’s top phone maker, targets US$500 million Hong Kong listing
South China Morning Post Tuesday 06 October 2026, 08:28 UTC By Zoe SL Chan 1 min read
Key Points

Shenzhen Transsion Holdings, the maker of Africa’s bestselling phones, aims to kick off its Hong Kong share offering on Wednesday to raise up to US$500 million ahead of a targeted October 15 listing, according to people familiar with the matter. The company, which already trades in Shanghai and has a market capitalisation of 62 billion yuan (US$9.24 billion), could offer up to 132 million offshore ordinary shares, according to approval documents from the China Securities Regulatory Commission...

Shenzhen Transsion Holdings, the maker of Africa’s bestselling phones, aims to kick off its Hong Kong share offering on Wednesday to raise up to US$500 million ahead of a targeted October 15 listing, according to people familiar with the matter. The company, which already trades in Shanghai and has a market capitalisation of 62 billion yuan (US$9.24 billion), could offer up to 132 million offshore ordinary shares, according to approval documents from the China Securities Regulatory Commission... [Image text:] TECNO SPARK
China (LOCATION) Transsion (LOCATION) Africa (LOCATION) Hong Kong (LOCATION) Shenzhen Transsion Holdings (ORG) Shanghai (LOCATION) the China Securities Regulatory Commission (ORG)
Originally published by South China Morning Post Read original →

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