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Honor attracts top investors as it prepares for IPO

Chinese smartphone manufacturer, Honor, has unveiled a new round of investors.

This group comprises China Telecom and a unit of CICC Capital Corp.

This development comes nearly a year after the company disclosed its intentions to go public.

Previously part of Huawei Technologies, Honor did not reveal the financial specifics of these investments.

Additional investors include China’s Cornerstone, Shenzhen’s SDG Group, and Jinshi Xingyao, which is affiliated with Honor’s channel partners.

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