Chinese data storage firm makes tepid Hong Kong debut after $900 million share sale

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Shenzhen Longsys Electronics, a data storage product manufacturer, saw its shares trade marginally lower at HK$235.8 during its Hong Kong debut following a HK$7.08 billion ($903 million) share sale. The company, which counts Lenovo and Transsion as cornerstone investors, reported a significant surge in net profit to 10.7 billion yuan in the first half of…

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