Biel Crystal Holdings Limited, the world’s largest maker of smartphone screens, said it applied to raise capital in Hong Kong, reviving the initial public offering (IPO) that was scuttled three years ago amid the escalating trade war between the United States and China . The Hong Kong-based company’s stock sale will be co-sponsored by JPMorgan Chase, HSBC and China International Capital Corporation (CICC), according to a filing to the Hong Kong stock exchange, without providing financial details. The IPO plan is a long time coming for Biel’s founder Yeung Kin-man, who had planned to raise between US$2 billion and US$2.5…