New stock news | Basic Semiconductor submits documents for the third time to the Hong Kong Stock Exchange.
According to the Wall Street Journal app, on June 5th, the Hong Kong Stock Exchange disclosed that Shenzhen Basic Semiconductor Co., Ltd. (referred to as "Basic Semiconductor") has submitted an application for listing on the main board of the Hong Kong Stock Exchange, with Guojin Securities (Hong Kong) Limited and China CITIC International as its joint sponsors. The company had previously submitted listing applications to the Hong Kong Stock Exchange on December 4, 2025, and May 27, 2025. According to the prospectus, Basic Semiconductor was established in 2016 and is engaged in research, development, manufacturing, and sales of silicon carbide power devices in China. The company mainly provides automotive-grade and industrial-grade silicon carbide power modules, silicon carbide discrete devices, and power semiconductor gate drivers.
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