NEXCHIP(02249.HK): Grey Market Rises 5.26% to HK$34
NewTimeSpace News: Grey market trading of Nexchip closed at HK$34, representing a gain of HK$1.7 or 5.26% versus the offer price of HK$32.3, with an intraday high of HK$37. The Company is scheduled for formal listing on the Main Board of HKEX on 10 July.
NewTimeSpace News: Grey market trading for NEXCHIP SEMICONDUCTOR CORPORATION (02249.HK) commenced today. As of press time, the grey market price stood at HK$34, up HK$1.7 or 5.26% compared with the offer price of HK$32.3. The Company is expected to be officially listed on the Main Board of The Stock Exchange of Hong Kong Limited tomorrow, 10 July.
The IPO subscription period ran from 30 June to 7 July. The final offer price was set at HK$32.3 per share, the upper end of the indicative range of HK$30 to HK$32.3. The Group offered approximately 216 million H-shares under the global offering, with each trading lot consisting of 100 shares and an entry cost of HK$3,262.57. Gross fundraising size reaches roughly HK$6.536 billion.
Nexchip is a leading pure-play 12-inch wafer foundry. According to Frost & Sullivan, it registered the world’s fastest growth in production capacity and revenue among the globe’s top ten wafer foundries during 2020–2025. Measured by 2025 revenue, it ranks as the 9th largest wafer foundry globally and the 3rd largest in Chinese mainland.
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Tags：
- NEXCHIP(02249.HK): English Corporate Name Changed to Nexchip Semiconductor Corporation
- NEXCHIP(02249.HK): IPO Subscription Period Closes Today, Public Tranche Margin Oversubscribed by Nearly 120 Times
- Nexchip (02249.HK): Launches Hong Kong IPO with Offer Price Range of HK$30.00 to HK$32.30 per Share
- Nexchip Passes HKEX Listing Hearing, the Fastest-Growing Wafer Foundry in Global Capacity and Revenue
