--- title: "【New Stock IPO】【Subscription Situation】【Continuously Updated】Platform-based integrated circuit design company NSING TECH (2701) has borrowed HKD 1.5 billion in margin financing, with an oversubscription of 13.6 times" type: "News" locale: "en" url: "https://longbridge.com/en/news/279360581.md" description: "The platform-based integrated circuit design company NSING TECH conducted its IPO from March 13 to 18. As of 7 PM on the 16th, it received HKD 1.5 billion in margin subscriptions, oversubscribed by 13.6 times. The company plans to issue 95 million H shares, with a public offering fundraising amount of HKD 103 million, and a maximum offering price of HKD 10.80, expected to be listed on March 23. CITIC SEC is the sole sponsor" datetime: "2026-03-17T03:24:31.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279360581.md) - [en](https://longbridge.com/en/news/279360581.md) - [zh-HK](https://longbridge.com/zh-HK/news/279360581.md) --- # 【New Stock IPO】【Subscription Situation】【Continuously Updated】Platform-based integrated circuit design company NSING TECH (2701) has borrowed HKD 1.5 billion in margin financing, with an oversubscription of 13.6 times Platform-based integrated circuit (IC) design company NSING TECH (2701.HK) is conducting its initial public offering (IPO) from March 13 to 18. As of yesterday (16th) at around 7 PM, NSING TECH has received HKD 1.5 billion in margin subscriptions, which is 13.6 times oversubscribed based on a public offering fundraising amount of HKD 103 million. NSING TECH plans to issue 95 million H shares, with 10% available for public offering in Hong Kong, at a maximum sale price of HKD 10.80, raising up to HKD 1.03 billion. The minimum investment for NSING TECH is 200 shares, with an entry fee of HKD 2,181.8. NSING TECH is expected to be listed on March 23. CITIC SEC is the sole sponsor. ## Background NSING TECH Co., Ltd. is a platform-based integrated circuit (IC) design company dedicated to providing control chips and system solutions for various smart terminals, and also operates in the lithium battery anode materials business. The group has achieved widespread application of its products in several key areas, including consumer electronics, industrial control, digital energy, smart home, automotive electronics, and medical electronics, successfully building a product matrix that covers diverse scenarios. According to data, based on revenue in 2024, the group ranks among the top five Chinese companies in the global platform-based microcontroller unit (MCU) market, ranks among the top three Chinese companies in the global 32-bit platform-based MCU market, and holds the first position in the Chinese MCU market with built-in commercial encryption algorithm modules. More information:【New Stock IPO】Platform-based integrated circuit design company NSING TECH 2701 IPO introduces five cornerstone investors including China Life Insurance, will you subscribe? ### Related Stocks - [06066.HK](https://longbridge.com/en/quote/06066.HK.md) - [02701.HK](https://longbridge.com/en/quote/02701.HK.md) - [06030.HK](https://longbridge.com/en/quote/06030.HK.md) ## Related News & Research - [Nsing Technologies Sets Board Meeting to Approve Q1 2026 Results](https://longbridge.com/en/news/282540402.md) - [OmniVision Integrated Circuits schedules board meeting to review first-quarter results](https://longbridge.com/en/news/283113008.md) - [OmniVision Updates Final 2025 Dividend and Tax Arrangements for H-Shareholders](https://longbridge.com/en/news/282913104.md) - [3 beginner-friendly growth stocks to beat the market by 2030](https://longbridge.com/en/news/282704960.md) - [Haranga Resources to List 500,000 New Shares on ASX](https://longbridge.com/en/news/283073686.md)