HONG KONG — Apple supplier Lens Technology announced it has raised 4.77 billion Hong Kong dollars ($608 million) in a share listing in Hong Kong, as the Chinese company looks to expand overseas and reduce its exposure to U.S.-China trade tensions.
Shares in the company, which makes iPhone cover glass and metal casings, opened 4% above its offer price of HK$18.18. That represents a 27% discount compared to its closing price on the Shenzhen Stock Exchange the previous day.
