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Shenzhen Longsys Electronics seeks $801M in Hong Kong listing as AI-fueled memory boom drives 71,000% profit surge

Covered by 2 sources · 2 articles

2 outlets - including Beincrypto and Cryptobriefing - are covering this story. Shenzhen Longsys Electronics, a Chinese semiconductor company, is seeking up to HK$6.28 billion, or about $800 million, from a Hong Kong share sale. The company set out the terms in a listing document on Monday. The memory chipmaker already…

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A 71,000% Profit Surge Is Taking Longsys to Hong Kong Investors
BeInCrypto 18h ago

A 71,000% Profit Surge Is Taking Longsys to Hong Kong Investors

Shenzhen Longsys Electronics, a Chinese semiconductor company, is seeking up to HK$6.28 billion, or about $800 million, from a Hong Kong share sale. The company set out the terms in a listing document on Monday. The memory chipmaker already…

Shenzhen Longsys Electronics seeks $801M in Hong Kong listing as AI-fueled memory boom drives 71,000% profit surge
Crypto Briefing Aug 31, 03:44 UTC

Shenzhen Longsys Electronics seeks $801M in Hong Kong listing as AI-fueled memory boom drives 71,000% profit surge

Longsys's Hong Kong listing highlights China's growing influence in the global semiconductor market, driven by AI and tech innovation demands. The post Shenzhen Longsys Electronics seeks $801M in Hong Kong listing as AI-fueled memory boom d…