Chip designer GigaDevice surges 45% in Hong Kong debut amid China’s self-reliance drive
Mainland chip designer GigaDevice Semiconductor jumped more than 45 per cent on its first trading day in Hong Kong on Tuesday, as the Beijing-based firm’s debut catered to investor appetite for tech companies amid China’s push for self-reliance. The firm’s shares started trading at HK$235, versus the offer price of HK$162. Its shares closed between
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