Hosin and Amicro Shares Edge Up in Hong Kong Trading Debuts
Reuters reports Hosin Electronics and Amicro Technology listed in Hong Kong after raising a combined HK$1.78 billion, with Amicro jumping in early trade.
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what happened
Reuters reported that shares of two Chinese chipmakers, Hosin Electronics and Amicro Technology, began trading in Hong Kong on Thursday. Together the firms collected HK$1.78 billion, about $227 million, through their initial share sales. Hosin's stock barely moved from its offer price of HK$72.83, while Amicro opened 37.6% above its HK$9.90 level and later traded at HK$16.81. Over the same session the Hang Seng Index fell 1.1% and the Hang Seng Tech Index lost 1.2%.
Hosin, which makes memory products such as embedded storage, solid-state drives, DRAM and portable storage, intends to spend most of its HK$1.07 billion on memory and controller chips and on expanding testing capacity. Amicro, which builds mobile robotics solutions, will put most of its HK$709.7 million toward software, hardware and AI chips for robots.
why it matters
The debuts show investors still willing to pay for Chinese semiconductor and AI-linked listings, even on a day when the broader Hong Kong market was weak. Amicro's gain stands out against the index declines, but the figures cover only the opening and early trading.
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sources
- Chinese chip firms Hosin, Amicro rise in Hong Kong debuts — Reuters, 12 November 2026 at 02:20 UTC
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