BRIEF: Tech stocks shine in Hang Seng Composite review, consumer and pharma lag
Hong Kong’s benchmark Hang Seng Index (HSI) remained unchanged at 83 constituents in the compiler’s latest adjustments, while the Hang Seng Composite Index’s (HSCI) constituents dropped from 517 to 505…
Fortior hopes to ride China chip wave to high valuation
The maker of microchips used in BLDC motors has filed for a Hong Kong IPO that could raise several hundred million dollars Key Takeaways: Fortior has becoming the latest Chinese…
Tianyu Semiconductor seeks IPO cash infusion in turbulent market
The maker of silicon carbon (SiC) wafers used to make automotive chips said its revenue contracted in the first half of this year after two years of explosive growth Key…
NEWS WRAP: InnoScience raises $180 million in Hong Kong IPO
Shares of the maker of a new generation of microchips using gallium nitride (GaN) technology rose slightly in their Hong Kong trading debut By Doug Young Shares of InnoScience…
InnoScience flies below the radar with rare Hong Kong microchip IPO
The company’s revenue grew fourfold last year as the cutting-edge gallium nitride (GaN) technology behind its microchips and wafers began to mature Key Takeaways: InnoScience has filed for a Hong…