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Six HK IPO Stocks Begin Trading; Basic Semiconductor Up 11% in Gray Market

2026-07-07 10:55:52

According to Yao Cai Securities, six new Hong Kong-listed stocks began trading on July 8, with chip manufacturer Basic Semiconductor (stock code: 09971) leading gains, closing up 11% in gray market trading at HK$35.1 versus the offer price of HK$31.62. Among the six debuts, electronic paper display supplier Oriental Sci-Tech (01770) closed up 4.4% at HK$82.1, autonomous driving company Yikong Zhizhu (07687) closed up 6.69% at HK$93.8, and material science company Bojai New Materials (08090) closed up 6.11% at HK$6.6. Autonomous driving developer Momenta (06880) showed minimal gains at up 0.34%, while visual AI firm Ruiwei Technology (07656) broke below offer price, declining 13.76% to HK$18.68.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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