Chip suppliers Denglin and Xinde Semi are set to begin trading in Hong Kong on Tuesday, after raising a combined $301 million in their initial public offerings.
Hong Kong listings · Chip suppliers
Denglin and Xinde Semi test chip appetite in Hong Kong
Two chip suppliers begin trading in Hong Kong on Tuesday after raising a combined $301 million, entering a market marked by sharp swings in technology stocks.
$301M
Combined proceeds from both initial public offerings
2
Chip suppliers, Denglin and Xinde Semi, debuting together
Tuesday
Start of trading in Hong Kong
From offering to first verdict
The debuts will be judged on how the stocks trade against their offer prices in the early sessions.
STEP 1
IPO raise
$301M raised combined
→
STEP 2
Debut trading
Begins Tuesday in Hong Kong
→
STEP 3
Early sessions
Trading versus offer prices
→
STEP 4
Verdict
Read as success or not
What will decide the reception
The listings are a signal on demand for semiconductor companies in Hong Kong
Offer price performance
How the stocks trade against their offer prices in the early sessions.
Sector volatility
Whether swings in technology shares ease or intensify once trading begins.
Weeks after debut
Investor reaction in the weeks that follow the first day of trading.
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