HK Stock Market Move | Ingenic Semiconductor (03223) rose over 7% in early trading, hitting a new listing high; its H shares officially entered the Stock Connect list today.

Ingenic Semiconductor (03223) rose over 7% in early trading, hitting a new listing high. As of press time, it was up 5.37% at HK$105.9, with a turnover of HK$42.5902 million. On the news front, according to announcements from the Shanghai Stock Exchange and the Shenzhen Stock Exchange, adjustments have been made to the list of Southbound Stock Connect securities under Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, with Ingenic Semiconductor added, effective from September 21. According to its prospectus, Ingenic Semiconductor is a "storage + computing + analog" chip provider. Leveraging industry trends and proprietary technologies, the company offers storage chips optimized for AI workloads, computing chips with chip acceleration and inference capabilities, and analog chips that enable intelligent sensing and power management. The company operates under a fabless model, focusing on chip R&D and design while collaborating with leading foundries and packaging and testing companies to ensure business scalability. Through organic growth and strategic acquisitions, the company has become a company with a comprehensive product portfolio. According to Frost & Sullivan, the company holds a leading position in key markets globally, continuously empowering the development and innovation of frontier technology fields such as automotive electronics and edge AI.