Kingsoft taps Chinese tech trend with $300m CB

One of the few non-US listed Chinese tech companies attracts orders of close to $2 billion as investors snap up rare opportunity.

Kingsoft, a Hong Kong-listed software company, raised HK$2.327 billion ($300 million) on Thursday evening from the sale of a convertible bond, taking advantage of the continued strong demand for Asian equity-linked deals.

¬ Haymarket Media Limited. All rights reserved.

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