Iluvatar CoreX seeks to raise $850 million from share sale in Hong Kong after stock rally, Bloomberg reports.

Shanghai Iluvatar CoreX Semiconductor Co. is seeking to raise about $850 million from a share sale in Hong Kong after soaring since its initial public offering in January.

• Iluvatar CoreX Seeks to Raise $850 Million After Stock Rally
• Iluvatar CoreX Is Said to Consider Share Sale After 428% Rally