---
title: "New Stock Debut | Fibocom Listed for the First Time, Opening Flat in Early Trading; The Company is the Second Largest Wireless Communication Module Provider in the World"
description: "Fibocom listed on its first day, issuing 135 million shares at a price of HKD 21.50 per share, raising approximately HKD 2.811 billion. The stock price remained stable at the opening, with a transacti"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/262141768.md"
published_at: "2025-10-22T01:25:03.000Z"
---

# New Stock Debut | Fibocom Listed for the First Time, Opening Flat in Early Trading; The Company is the Second Largest Wireless Communication Module Provider in the World

> Fibocom listed on its first day, issuing 135 million shares at a price of HKD 21.50 per share, raising approximately HKD 2.811 billion. The stock price remained stable at the opening, with a transaction volume of HKD 172 million. As the world's second-largest wireless communication module provider, Fibocom has performed outstandingly in multiple market sectors, especially holding the number one global market share in smart home and consumer electronics

According to Zhitong Finance APP, Fibocom (00638) has officially listed, with the announcement showing a price of HKD 21.50 per share, issuing a total of 135 million shares, with a board lot of 200 shares, and the net proceeds amounting to approximately HKD 2.811 billion. As of the time of writing, there has been no increase or decrease, trading at HKD 21.5, with a transaction volume of HKD 172 million.

According to the prospectus, Fibocom is a leading provider of wireless communication modules. The company's module products include data transmission modules, smart modules, and AI modules. At the same time, the company provides customized solutions to customers based on its module products and understanding of downstream application scenarios, including edge AI solutions, robotic solutions, and other solutions.

According to Frost & Sullivan, the company is the second-largest wireless communication module provider globally, with a global market share of 15.4% (based on the company's revenue from continuing operations in 2024). In the global wireless communication module market, the company ranks first in market share across multiple downstream application scenarios. For example, in the smart home and consumer electronics (such as tablets and laptops) sectors, the company holds the number one global market share, particularly in the consumer electronics sector, where the market share reaches 75.9%; in the automotive electronics sector, the company ranks second globally, thanks to the explosive demand for high-reliability modules in the new energy vehicle front-loading market

### Related Stocks

- [00638.HK - FIBOCOM](https://longbridge.com/en/quote/00638.HK.md)
- [300638.CN - Fibocom](https://longbridge.com/en/quote/300638.CN.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.