Stock Track | OMNIVISION Soars 5.82% in Intraday Trading on Strong Hong Kong IPO Debut

Stock Track
2 hours ago

OMNIVISION (00501) surged 5.82% during intraday trading on Monday, driven by strong investor interest following its Hong Kong IPO debut. The semiconductor design company opened at HK$108 per share, 3.1% above its offer price of HK$104.80, and continued to climb as trading progressed.

The IPO raised HK$4.69 billion in net proceeds, with the public offering 9.28 times subscribed and the international offering 9.73 times oversubscribed. Cornerstone investors, including Wildlife Willow and UBS Asset Management, acquired 45.28% of the global offering, underscoring robust demand. OmniVision, a leading global Fabless semiconductor designer, is known for its CMOS Image Sensors (CIS) and holds a 13.7% market share in image sensor solutions.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10