SENASIC goes public: market value exceeds HK$15 billion

▤ Summary

SENASIC listed on the Hong Kong stock exchange and became the first Hong Kong-listed company focused on Physical AI edge-sensing chips. The company priced its shares at HK$18.36 and raised nearly HK$1 billion in gross proceeds from the global offering. Demand was extremely strong, with the deal reportedly oversubscribed 5,145 times and the stock opening well above the offer price. The company now has a market value above HK$15 billion and continues to position itself around high-performance automotive chips and wireless sensing SoCs.

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