Technology Author：EqualOcean News Updated 4 hours ago (GMT+8)

Amicro Technology（珠海一微科技）and HOSIN Electronics（深圳宏芯宇电子）began trading on the Hong Kong Stock Exchange on November 12. The two Chinese chip companies raised approximately HKD 1.65 billion in combined net proceeds through their offerings.

Amicro Technology

Amicro, which develops solutions for intelligent mobile robots, listed under stock code 02065. It offered approximately 71.69 million H shares at HKD 9.90 each and raised about HKD 655.9 million in net proceeds. The company listed through Hong Kong’s Chapter 18C specialist technology route.

Amicro plans to direct most of the proceeds towards software, hardware and robot-specific system-on-chip development. It has also allocated funds for market expansion, developer ecosystem development, investment and working capital.

HOSIN, which supplies memory products and controller chips, listed under stock code 02681. It offered approximately 14.72 million H shares at HKD 72.83 each, raising about HKD 993.5 million in net proceeds.

HOSIN plans to invest the funds in storage products, controller chip research and testing capabilities. The listings give both companies access to Hong Kong’s capital market as they continue developing products for their respective customers.

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