Business2 sources

Divergent Trading Debuts for Chinese Chip Suppliers in Hong Kong

  • Suzhou Denglin Technology's stock fell by as much as 8.6% after raising HK$1.4 billion.
  • Jiangsu Xinde Semiconductor Technology's shares surged in their Hong Kong debut.
  • The two companies raised a combined $301 million in their IPOs.
  • The contrasting performances highlight investors' selective appetite for semiconductor stocks.
  • The IPOs occurred amid market volatility, particularly affecting technology stocks.
Divergent Trading Debuts for Chinese Chip Suppliers in Hong Kong | Split Angle