New stock news | Skyrealm Semiconductor (02658.HK) IPO subscription ends with oversubscription amounting to HK$7.71 billion, oversubscribed by 43.2 times.

According to the Securities Times, silicon carbide epitaxial wafer manufacturer Tianyu Semiconductor (02658.HK) conducted its initial public offering from November 27th to December 2nd. The IPO has now ended. As of noon on December 2nd, Tianyu Semiconductor has received at least HK$7.71 billion in margin financing from securities firms, based on a public offering of HK$174 million, oversubscribed by 43.2 times.