Hon Hai's smart factory unit targets raising up to $4.3b in Shanghai IPO

Hon Hai's smart factory unit targets raising up to $4.3b in Shanghai IPO

Hon Hai Precision Industry Co. employees walk past the company's headquarters in the Tucheng district of New Taipei, Taiwan, on Wednesday, June 26, 2013. Photographer: Ashley Pon/

Foxconn Industrial Internet Co. plans to raise 27.1 billion yuan ($4.3 billion) selling stock in an initial public offering, kicking off the largest mainland Chinese debut since the 2015 stock market crash.

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