Company feels squeeze of rising chip costs and intensifying competition
Transsion, which sells phones under the Tecno, Infinix and itel brands, listed in Shanghai in 2019 and made its debut on the Hong Kong Exchange on Oct. 15. (Nikkei montage/Source photos by Getty Images)
CISSY ZHOU
October 15, 2026 10:52 JST
Updated on October 15, 2026 11:12 JST
HONG KONG -- Shares of Transsion Holdings, the Chinese phone maker nicknamed the "King of Africa," quickly fell more than 7% in its Hong Kong trading debut on Thursday.