Shares of OmniVision Integrated Circuits jumped 16.2% in their Hong Kong debut on Monday after the Chinese semiconductor design company raised HK$4.8 billion ($616 million) from a second listing.
The Shanghai-listed firm (603501.SS), opens new tab opened at HK$108 each, 3.1% higher than its offer price of HK$104.80, before rising further to close at its highest at HK$121.80 – giving it a market capitalization of around HK$152.9 billion ($19.6 billion).