Chinese semiconductor designer OmniVision Integrated Circuits said on Thursday it has set the offer price for its Hong Kong listing at HK$104.80 per H share, the top end of its previously marketed range, raising HK$4.80 billion ($616.1 million).
The Shanghai-listed company said it offered about 45.8 million shares in the Hong Kong deal and expects its shares to begin trading on the Hong Kong Stock Exchange on January 12, according to a regulatory filing.
The strong pricing reflects renewed investor appetite for Chinese technology stocks, as Beijing pushes to accelerate listings in strategic sectors such as artificial intelligence and semiconductors. The policy drive is aimed at strengthening domestic alternatives to advanced U.S. technology amid ongoing geopolitical and trade tensions.
Earlier on Thursday, several newly listed Chinese technology firms posted strong debut performances in Hong Kong. AI company Zhipu AI, chipmaker Shanghai Iluvatar CoreX, and surgical robotics firm Shenzhen Edge Medical all jumped in their first day of trading after raising a combined $1.19 billion.
Market participants say the wave of successful listings highlights strong investor enthusiasm for China’s tech champions, particularly in sectors aligned with national priorities such as AI, chips, and advanced manufacturing.
