SICC Stock Jumps 19% in Hong Kong's Grey Market Trading

TigerAug 19, 2025 8:15 AM

View all comments（0）



SICC shares surged 19% in Hong Kong's grey market trading.

Chinese semiconductor materials manufacturer SICC, backed by Huawei, has priced its shares at HK$42.8, the upper end of the range, for its initial public offering in Hong Kong.

The firm is expected to debut on Wednesday.

Earlier last week, SICC extended its bookbuilding to Friday, becoming the second new listing delaying the process this month under a Black Rainstorm warning.

SICC received at least HK$246.3 billion via margin financing as of Friday afternoon, making its retail tranche more than 2,414 times oversubscribed.

SICC aims to raise up to HK$2.04 billion. It asks for a minimum investment of HK$4323.17 per board lot of 100 shares.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

Meta Connect 2026 New Product Roundup: Muse Integrated Into AI Glasses, Can It Drive Meta Revenue Growth?

TradingKey - At the Connect 2026 conference held from September 23 to 24, Meta (META) unveiled the Ray-Ban Meta Audio, third-generation Ray-Ban Meta, and Meta VR Glasses, while upgrading the Meta Ray-Ban Display. The company also announced the integration of its personal AI agent, Muse, into its AI glasses, expanding its product scope from mobile phones and social apps to wearable devices.

Today’s Market Recap: 10-Year Treasury Yield Hits Highest Level Since 2007, Major U.S. Indexes Fall, SpaceX Drops Over 4%

TradingKey — Rising Treasury yields and oil prices weighed on U.S. equities, sending all three major indexes lower. On September 23, the 10-year Treasury yield climbed to its highest level since July 2007, while rebounding crude prices intensified concerns over inflation and interest rates. Technolo

Japan Stocks Open Higher After Three-Day Holiday, SoftBank Rises Over 6%, Kioxia Up Nearly 4%; South Korean Markets Closed

TradingKey - On September 24, Japanese stock markets resumed trading after a three-day holiday, with the Nikkei 225 Index (JPN225) opening 0.6% higher and later extending gains to 1.25% to reach 65,828.43 points. Meanwhile, South Korean stock markets were closed for a holiday.

【US Pre-Market】Nasdaq Leads Losses in Three Major Stock Index Futures, IONQ Surges Over 11%, RGTI Rises Over 5% as Market Focuses on US-China Summit

TradingKey - On Wednesday (September 23) Eastern Time, futures tied to the three major U.S. stock indexes edged up in pre-market trading. Diplomatic mediation in the Middle East and the restoration of a key Saudi oil pipeline kept international oil prices below $100 per barrel, temporarily easing energy inflation concerns. Meanwhile, investors are awaiting the summit between Chinese and U.S. leaders and the preliminary U.S. September PMI data, while a strengthening U.S. dollar and the risk of further Federal Reserve rate hikes continue to cap market gains.

The Week Ahead: US-China Summit in Washington, Costco Earnings and Fed Rate Path in Focus

TradingKey - During the week of September 21 to 25, Eastern Time, the US stock market will focus on the meeting between Chinese and US leaders, the Federal Reserve's policy outlook, and economic data such as US new home sales and durable goods orders.

Featured Tools