HK Stock Market Move | Nexchip Semiconductor Corporation (02249) rose over 6% and officially entered the Hong Kong Stock Connect today. The company focuses on 12-inch wafer foundry services.

Nexchip Semiconductor Corporation (02249) rose over 6%, as of the time of writing, up 5.16% to HKD 33.44, with a transaction volume of HKD 71.7689 million. In terms of news, the Shanghai Stock Exchange and the Shenzhen Stock Exchange announced that, according to relevant regulations, the list of securities eligible for the Hong Kong Stock Connect has been adjusted and will take effect from August 7, 2026, with Nexchip Semiconductor Corporation being added. Successfully being included in the Hong Kong Stock Connect is expected to open a window for incremental capital allocation, and the market generally anticipates it will bring liquidity enhancement. Public information shows that Nexchip Semiconductor Corporation focuses on 12-inch wafer foundry services and has established mass production capabilities from 150nm to 40nm technology nodes, with technical capabilities across process platforms such as DDIC, CIS, PMIC, LogicIC, and MCU. DDIC is currently the companys core business segment, expected to account for 55.41% of revenue by the end of 2025.