Apple Supplier Lens Technology to Debut in Hong Kong After $607 Million Float

Lens Technology Co., a Chinese manufacturer of touch-screen covers for Apple Inc.’s iPhone, rose in its Hong Kong trading debut after a HK$4.8 billion ($607 million) stock offering in the city.

The shares closed at HK$19.84 on Wednesday, up 9.1%. In the stock offering, the shares were priced at the high end of the marketed range, and attracted cornerstone investors such as Xiaomi Corp., UBS Asset Management AG and Oaktree Capital Management.