Semight Instruments Co., a Chinese company specializing in semiconductor test instruments, has selected financial advisors for its upcoming Hong Kong listing. The Suzhou-based firm is collaborating with Citic Securities Co., Goldman Sachs Group Inc., and JPMorgan Chase & Co. to prepare for the share sale, according to sources familiar with the matter.
The listing is expected to take place next year and could raise over $1 billion, the sources said. They requested anonymity as the details are not yet public.