---
title: "News: NSING TECH listed on the Hong Kong stock market, rising 15% in half a day"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/280103372.md"
description: "NSING TECH Co., Ltd. listed on the Hong Kong Stock Exchange on Monday, opening up 32%, with a midday price of HKD 12.52, 15.92% higher than the offering price. This global offering consisted of 95 million shares, with an offering price of HKD 10.8, raising a net amount of HKD 944 million (USD 121 million). The Hong Kong public offering was oversubscribed by 130.83 times, and the international offering was oversubscribed by 1.51 times. The company reported revenue of HKD 960 million last year, with a net loss narrowing by 54.4%. The funds will be used for research and development, product upgrades, strategic investments, loan repayments, and working capital"
datetime: "2026-03-23T05:35:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280103372.md)
  - [en](https://longbridge.com/en/news/280103372.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280103372.md)
---

> 支持的语言: [English](https://longbridge.com/en/news/280103372.md) | [繁體中文](https://longbridge.com/zh-HK/news/280103372.md)


# News: NSING TECH listed on the Hong Kong stock market, rising 15% in half a day

The platform-based integrated circuit design company **NSING TECH** (2701.HK; 300077.SZ) was listed for trading on the Hong Kong Stock Exchange on Monday, opening up 32%, and reported HKD 12.52 at noon, 15.92% higher than the offering price.

The company **announced** that this global offering consisted of 95 million shares, with an offer price of HKD 10.8, raising a net amount of HKD 944 million (USD 121 million). The Hong Kong public offering was oversubscribed by 130.83 times, while the international offering recorded an oversubscription of 1.51 times.

NSING TECH primarily provides control chips and system solutions for various smart terminals, with products including microcontrollers (MCU), security chips, radio frequency chips, and battery management chips. In the first nine months of last year, the company reported revenue of HKD 960 million, a year-on-year increase of 16.7%, and narrowed its net loss by 54.4% to HKD 75.746 million.

The company plans to use approximately 50.8% of the net proceeds for research and development, including high-performance MCUs, multi-protocol communication, and automotive-grade chips; 9.2% for upgrading existing products; 15% for strategic investments and acquisitions; 15% for repaying bank loans, and the remaining approximately 10% for working capital and general purposes.

_Li Shida_

### 相关股票

- [NSING TECH (02701.HK)](https://longbridge.com/zh-CN/quote/02701.HK.md)

## 相关资讯与研究

- [Nsing Technologies Prices Hong Kong IPO to Raise Up to HK$1 Billion](https://longbridge.com/zh-CN/news/279884231.md)
- [Musk says Tesla, SpaceX to build advanced chip manufacturing facility](https://longbridge.com/zh-CN/news/280315507.md)
- [Hua Hong Affiliate Readies 7-Nanometer Chipmaking Facility](https://longbridge.com/zh-CN/news/279366157.md)
- [/C O R R E C T I O N — Nanoverse Technologies, Limited/](https://longbridge.com/zh-CN/news/279877406.md)
- [Honliv Healthcare Faces Auditor Exit and Probe Over Unrecorded RMB63 Million Loan](https://longbridge.com/zh-CN/news/280382676.md)