Chinese semiconductor firm OmniVision climbs 6.7% in Hong Kong trading debut

SINGAPORE: Shares of OmniVision Integrated Circuits rose as much as 6.7% in ⁠their Hong Kong debut on Monday after the Chinese semiconductor design company raised HK$4.8 billion ($615.91 million) from a second listing.

The Shanghai-listed firm opened at HK$108 each, 3.1% higher than its ‌offer price ‌of HK$104.80, before rising further to HK$111.80. Its offer price gave it a market capitalisation of ‌around HK$131.7 billion ($16.9 billion).