HOSIN (02681.HK): grey market opens at HK$70.30, 3.47% below HK$72.83 offer price

NewTimeSpace News: On 11 November 2026, grey market trading in Shenzhen HOSIN Electronics Co., Ltd. (02681.HK) began at 4:15 p.m., opening at HK$70.30, down HK$2.53 or 3.47% from the offer price of HK$72.83 . The Company's shares will commence trading on the Main Board of the Stock Exchange at 9:00 a.m. on 12 November 2026.

The Company is a fabless memory products manufacturer that develops embedded storage, solid-state drives, DRAM and mobile storage products through four core technology platforms covering controller chip design and development, firmware algorithm development, test system development and storage media characterisation. According to Frost & Sullivan, the Company held a 0.6% share of the global storage products market by revenue in 2025 and ranked 12th among all memory manufacturers worldwide. For the four months ended 30 April 2026, revenue was about RMB8,012 million, up 185.7% year on year, and net profit was about RMB3,841 million, up 3,020.8%.