HK Stock Connect Insight | VIEWTRIX TECH (03310.HK): Gross Margin Up 3.3 Percentage Points Year on Year in H1 as Stock Connect Inclusion Took Effect on September 7

NewTimeSpace News: On November 3, 2026, VIEWTRIX TECH closed at HKD 12.67, down 7.92% for the day, with turnover of HKD 4.5437 million.

According to public information, VIEWTRIX TECH listed on the Main Board of the Stock Exchange on May 27, 2026 at an offer price of HKD 20.81 per share, with a global offering of 52.8592 million H shares and net proceeds of approximately HKD 1.019 billion. Its Hong Kong public offering was subscribed 3,559.68 times.

At present, since its listing, the company's share price has ranged from a high of HKD 44.38 to a low of HKD 12.53. As of November 3, 2026, the share price closed at HKD 12.67, approximately 39.1% below the offer price of HKD 20.81. Since its Stock Connect inclusion, the share price has fallen from HKD 25.72 at the close on September 7, 2026 to HKD 12.67, a decline of approximately 50.74%.

It is understood that Hang Seng Indexes Company published the results of its quarterly review of the Hang Seng Index series for the period ended June 30, 2026 on August 21, 2026, under which VIEWTRIX TECH was included in the Hang Seng Composite Index, effective from September 7, 2026; the Shanghai and Shenzhen stock exchanges subsequently adjusted their respective lists of Stock Connect eligible securities, and the company's shares have been included in the list of Stock Connect eligible securities since September 7, 2026.

Founded in 2012, VIEWTRIX TECH is engaged in the research and development, design and sale of OLED display driver chips, with display technology development at its core. The company operates under a fabless model, and its main products include AMOLED display driver chips and Micro OLED silicon-based display driver backplane chips.

On the financial front, the company's revenue for the first half of 2026 was RMB 318 million, down 30.5% year on year, of which revenue from AMOLED display driver chips was RMB 231 million, down 39.3% year on year, and revenue from Micro-OLED display backplanes and drivers was RMB 85.9 million, up 12.5% year on year; gross margin was 12.4%, up 3.3 percentage points year on year.

China Post Securities noted that the company's new AMOLED display driver chip products have passed validation at four panel makers and that the company has reached cooperation intentions with several handset brands, with penetration into mid-range handset models and display-touch integration expected to bring structural growth.