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Two Hong Kong IPOs List Tomorrow; Jinghe Integrated Circuit Rises 10.84% in Grey Market

2026-07-09 10:43:54

According to Yao Cai Securities, two new Hong Kong IPOs will list tomorrow (July 10), with contrasting grey market performance. Jinghe Integrated Circuit (02249), a wafer foundry specialist, closed grey market trading at HK$35.8, up 10.84% from its IPO price of HK$32.3. Binhua Chemical Products (06745) closed at HK$2.75, down 20.98% from its IPO price of HK$3.48. Jinghe Integrated Circuit raised a maximum of HK$6.98 billion from 216 million shares, while Binhua Chemical Products raised up to HK$1.264 billion from 352 million shares.

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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