[Basic Semiconductor Seeks to Raise Up to HK$866 Million in Hong Kong IPO] According to a report by Jinse Finance, on June 29, documents from the Hong Kong Stock Exchange show that Shenzhen Basic Semiconductor Co., Ltd. will issue 27.4 million shares through its Hong Kong listing, with an offering price range of HK$27.49 to HK$31.62 per share, aiming to raise up to HK$866 million (US$110 million). Trading is expected to commence on July 8.