Chinese telecom equipment firm Consys seeks to raise $298m in STAR Market IPO

Chinese telecom equipment firm Consys seeks to raise $298m in STAR Market IPO

Shenzhen Consys Science & Technology Co., Ltd, manufactures and distributes telecommunications equipment, is looking to raise around 2 billion yuan (about $298 million) in an initial public offering (IPO) on Shanghai’s Nasdaq-styled STAR Market.