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(Bloomberg) In a hotel ballroom overlooking the South China Sea, 24-year-old Taylor sits with 13 other university students in hoodies and sneakers coding away on laptops during their school break. Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the Globe3M Agrees to Pay More Than $5.5 Billion Over Combat EarplugsAuto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against Detroit CarmakersGoldman Is Selling a Wealth-Advisory Unit to $240 Billion Money Man
SHANGHAI: Shares of China’s Hua Hong Semiconductor Ltd jumped 15% in its trading debut in Shanghai after it raised 21.2 billion yuan (US$2.96bil or RM13.5bil) in the largest sale of new equity in the Asia-Pacific region this year.