International Business Settlement Wins $20 Million IC Chip Order From HK Australis; Shares Fall 9%

MT Newswires Live

2025/12/08

International Business Settlement (HKG:0147) said it agreed to supply 1.61 million integrated-circuit chips to HK Australis Tech under a sales contract worth about $20 million, according to a Dec. 05 Hong Kong bourse filing.

Shares of the firm were down over 9% in Monday morning trade.

The company said the deal broadens its computer-equipment product portfolio and supports expansion into the IC-chip market.

HK Australis Tech is a wholly owned unit of Shenzhen Nanji Optoelectronics Technology (SHE:300940), the filing said.

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