IPO Timeline
Broker Deadline
2026-06-12
Morning deadline
HKEX Deadline
2026-06-12
Noon deadline
Broker Results (T-2)
2026-06-15
Some brokers release in afternoon
Grey Market (T-1)
2026-06-16
Afternoon
HKEX Allotment (T-1)
2026-06-16
Evening
Registrar Allotment (T-1)
2026-06-16
Evening
Listing Day (T)
2026-06-17
First day of trading
Company Overview
| Stock Name | SENASIC |
|---|---|
| Stock Code | 06675 |
| Company Full Name | SENASIC |
| Industry | Semiconductors |
| Principal Activities | We are a top global provider of wireless sensor SoCs, offering sensor SoCs for intelligent tire sensing (TPMS), battery monitoring (BMS/BPS/wBMS), universal sensor interface (USI), and other applications. Our products serve automotive, energy storage, industrial, robotics, and consumer electronics sectors. |
| Listing Date | 2026-06-17 |
| Listing Rules Era | |
| Listing Rules Chapter | To be extracted |
| Weighted Voting Rights (WVR) | No |
| Registered Address (Mainland China) | Room 215, P4 Comprehensive Building, No. 20 Xishi Road, Wangzhuang Subdistrict Xinwu District, Wuxi, Jiangsu Province, PRC |
| Business Address (Hong Kong) | Room 1912, 19/F, Lee Garden One, 33 Hysan Avenue, Causeway Bay, Hong Kong |
| Place of Incorporation | 中国 |
| Listing Method | 全球发售 |
| Listing Board | Main Board |
| Website | senasic.com |
| Share Registrar | 卓佳证券登记有限公司 (Tricor Investor Services Limited) |
| Registrar Contact | 卓佳證券登記有限公司，香港夏慤道16號遠東金融中心17樓 |
| A-Share/US Dual Listing | No |
Offering Information
| Offering Mechanism | Mechanism B |
|---|---|
| Offer Price | HK$ 18.36 / shares |
| Offer Price Range | Final offer price only, no range |
| Lot Size | 200 shares |
| Entry Threshold | HK$ 3,672 |
| Par Value | RMB 0.05 / shares |
| Offer Period | 2026-06-09 to 2026-06-12 |
| Global Offering Shares | 53,407,000 shares |
| HK Public Offer Shares (Initial) | 5,340,800 shares (10.0%) |
| Public Offer Lots (Initial) | 26,704lots (13,352lots, 13,352lots) |
| International Placing Shares (Initial) | 48,066,200 shares (90.0%) |
| Offer Ratio | ~14.1% |
| Total Shares Post-IPO | 379,041,820 shares |
| Greenshoe (Over-allotment Option) | No |
| Stabilizing Manager (Greenshoe) | — |
| Cornerstone Share | 28.9% |
| Clawback Tiers | Under 15x: 10% public; 15-50x: 20% public; 50-100x: 30% public; Over 100x: 40% public |
| Reallocation Option | Yes |
| Total Global Offering Size | HK$ 980,552,520 |
Subscription Tiers
Minimum subscription unit: 1 lot. Subscription amount ≤ HK$5,000,000 is Pool A, > HK$5,000,000 is Pool B.
Pool A
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1 lots | 200 | HK$ 3,672 |
| 2 lots | 400 | HK$ 7,344 |
| 3 lots | 600 | HK$ 11,016 |
| 4 lots | 800 | HK$ 14,688 |
| 5 lots | 1,000 | HK$ 18,360 |
| 6 lots | 1,200 | HK$ 22,032 |
| 7 lots | 1,400 | HK$ 25,704 |
| 8 lots | 1,600 | HK$ 29,376 |
| 9 lots | 1,800 | HK$ 33,048 |
| 10 lots | 2,000 | HK$ 36,720 |
| 15 lots | 3,000 | HK$ 55,080 |
| 20 lots | 4,000 | HK$ 73,440 |
| 25 lots | 5,000 | HK$ 91,800 |
| 30 lots | 6,000 | HK$ 110,160 |
| 35 lots | 7,000 | HK$ 128,520 |
| 40 lots | 8,000 | HK$ 146,880 |
| 45 lots | 9,000 | HK$ 165,240 |
| 50 lots | 10,000 | HK$ 183,600 |
| 100 lots | 20,000 | HK$ 367,200 |
| 150 lots | 30,000 | HK$ 550,800 |
| 200 lots | 40,000 | HK$ 734,400 |
| 250 lots | 50,000 | HK$ 918,000 |
| 300 lots | 60,000 | HK$ 1,101,600 |
| 350 lots | 70,000 | HK$ 1,285,200 |
| 400 lots | 80,000 | HK$ 1,468,800 |
| 450 lots | 90,000 | HK$ 1,652,400 |
| 500 lots | 100,000 | HK$ 1,836,000 |
| 1,000 lots | 200,000 | HK$ 3,672,000 |
Pool B
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1,500 lots | 300,000 | HK$ 5,508,000 |
| 2,000 lots | 400,000 | HK$ 7,344,000 |
| 2,500 lots | 500,000 | HK$ 9,180,000 |
| 3,000 lots | 600,000 | HK$ 11,016,000 |
| 3,500 lots | 700,000 | HK$ 12,852,000 |
| 4,000 lots | 800,000 | HK$ 14,688,000 |
| 4,500 lots | 900,000 | HK$ 16,524,000 |
| 5,000 lots | 1,000,000 | HK$ 18,360,000 |
| 7,500 lots | 1,500,000 | HK$ 27,540,000 |
| 10,000 lots | 2,000,000 | HK$ 36,720,000 |
| 13,352 lots | 2,670,400 | HK$ 49,028,544 |
Valuation & Financials
| Market Cap (at Offer Price) | HK$ 6,959,407,795 |
|---|---|
| Pre-IPO Valuation (Last Round) | To be extracted |
| P/E Ratio | Not applicable (loss-making) |
| Profit/Loss Status | Net loss RMB 330.6 million |
| Period-End Cash Balance | 人民币201.3百万元 |
| Listing Expenses | ~HK$ 73,852,520 |
| Listing Expenses / Funds Raised | ~7.5% |
| Total Pre-IPO Investment | To be extracted |
First Day Performance
| First Day Close | Loading... |
|---|
Use of Proceeds
| Use of Proceeds | Approx. 40% for business expansion and commercialization, approx. 30% for R&D, approx. 10% for sales and global presence, approx. 10% for strategic investment/acquisition, approx. 10% for working capital |
|---|
Underwriting Syndicate
Joint Sponsors (2)
中国国际金融香港证券有限公司 CE AEN894
国泰君安融资有限公司 CE AGS488
Sponsor cum Overall Coordinator (2)
中国国际金融香港证券有限公司 CE AEN894
国泰君安证券（香港）有限公司 CE ABY236
Overall Coordinators (3)
中国国际金融香港证券有限公司 CE AEN894
国泰君安证券（香港）有限公司 CE ABY236
广发证券（香港）经纪有限公司
Joint Global Coordinators (4)
中国国际金融香港证券有限公司 CE AEN894
国泰君安证券（香港）有限公司 CE ABY236
广发证券（香港）经纪有限公司
大和资本市场香港有限公司 CE AAB639
Joint Bookrunners (10)
中国国际金融香港证券有限公司 CE AEN894
国泰君安证券（香港）有限公司 CE ABY236
广发证券（香港）经纪有限公司
大和资本市场香港有限公司 CE AAB639
农银国际融资有限公司 CE AWL249
富途证券国际（香港）有限公司 CE AZT137
老虎证券（香港）环球有限公司 CE BMU940
浦银国际融资有限公司 CE BFZ375
民银证券有限公司 CE APU820
山证国际证券有限公司 CE BEM330
Joint Lead Managers (10)
中国国际金融香港证券有限公司 CE AEN894
国泰君安证券（香港）有限公司 CE ABY236
广发证券（香港）经纪有限公司
大和资本市场香港有限公司 CE AAB639
农银国际证券有限公司 CE ACX411
富途证券国际（香港）有限公司 CE AZT137
老虎证券（香港）环球有限公司 CE BMU940
浦银国际融资有限公司 CE BFZ375
民银证券有限公司 CE APU820
山证国际证券有限公司 CE BEM330
Capital Market Intermediaries (11)
中国国际金融香港证券有限公司 CE AEN894
国泰君安证券（香港）有限公司 CE ABY236
广发证券（香港）经纪有限公司
大和资本市场香港有限公司 CE AAB639
农银国际融资有限公司 CE AWL249
农银国际证券有限公司 CE ACX411
富途证券国际（香港）有限公司 CE AZT137
老虎证券（香港）环球有限公司 CE BMU940
浦银国际融资有限公司 CE BFZ375
民银证券有限公司 CE APU820
山证国际证券有限公司 CE BEM330
Service Providers
| Role | Institution |
|---|---|
| Legal Advisor to Company |
贝克•麦坚时律师事务所 金杜律师事务所 DLA Piper Singapore Pte. Ltd. |
| Legal Advisor to Sponsors/Underwriters |
竞天公诚律师事务所有限法律责任合伙 中伦律师事务所 |
| Auditor and Reporting Accountant | 毕马威会计师事务所 |
| Industry Advisor | 弗若斯特沙利文（北京）咨询有限公司上海分公司 |
| Compliance Advisor | 迈时资本有限公司 CE BNO600 |
| Receiving Banks |
招商永隆银行有限公司 交通银行股份有限公司香港分行 |
Cornerstone Investors
| # | Investor Name | Investment Amount | Shares Subscribed | % of Offer Shares | % of Total Shares | Lock-up Period | Est. Unlock Date |
|---|---|---|---|---|---|---|---|
| 1 | 欣旺达香港 | 40,000,000 HKD | 2,156,800 | 4.04% | 0.57% | 6 months | 2026-12-17 |
| 2 | 隆威香港 | 23,509,645 HKD | 1,280,400 | 2.40% | 0.34% | 6 months | 2026-12-17 |
| 3 | Oakwise | 73,580,000 HKD | 4,007,600 | 7.50% | 1.06% | 6 months | 2026-12-17 |
| 4 | Tembusu | 15,673,097 HKD | 853,600 | 1.60% | 0.23% | 6 months | 2026-12-17 |
| 5 | 阎焱 | 15,673,097 HKD | 853,600 | 1.60% | 0.23% | 6 months | 2026-12-17 |
| 6 | 雾凇 | 15,673,097 HKD | 853,600 | 1.60% | 0.23% | 6 months | 2026-12-17 |
| 7 | Thalassa Capital | 49,300,000 HKD | 2,685,000 | 5.03% | 0.71% | 6 months | 2026-12-17 |
| 8 | Chample | 30,000,000 HKD | 1,633,800 | 3.06% | 0.43% | 6 months | 2026-12-17 |
| 9 | Libra Fixed Income One SP | 20,000,000 HKD | 1,089,200 | 2.04% | 0.29% | 6 months | 2026-12-17 |
Directors & Management
| Chairman | Li Mengxiong |
|---|---|
| Company Secretary | Xu Yalei, Shum Kit Han |
No director data available.
Major Shareholders
| Major Shareholders & Holdings | Dr. Li Mengxiong (27.70%), Mr. Li (27.70%), Shanghai Chuangyingrui (7.82%), Shanghai Ruixinchuang (6.55%), Mixed Reform Fund (5.20%), Jingwei (5.16%), Hai Feng Investment (5.53%) |
|---|
AI
AI Analysis
Market Sentiment
The 5145x oversubscription ratio for 琻捷电子 signals extreme market enthusiasm, far surpassing typical Hong Kong IPO demand. Despite this, the overall hit rate of 11.22% is relatively high, suggesting many small-lot applications, while the fixed offer price of HK$18.36 leaves no pricing range dynamics. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Tier Analysis
A notable inefficiency appears at the tier boundary: 甲尾 applications (1,000 lots) expect only 0.21 lots, while 乙头 (1,500 lots) expects 0.30 lots, making the marginal benefit of moving to B-tier unattractively small on an absolute basis. With such minimal expected allocations, broker fees likely erode any potential gains, especially for A-tier participants. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Demographics
Mainland investors dominated participation at 63.8%, underscoring strong cross-border interest in this semiconductor play. The nearly 59% male and average age 42.7 profile points to a seasoned, male-skewed investor base, typical for tech IPOs. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Offering Structure
Subscription Tiers
IPO Timeline
