招股书显示，澜起科技是一家全球领先的无晶圆厂集成电路设计公司，专注于为云计算及AI基础设施 提供创新、可靠且高能效的互连解决方案。公司向行业领先的客户提供互连类芯片，包括内存互连芯片 及PCIe/CXL互连芯片，应用场景涵盖包括数据中心、服务器及计算机在内的广泛终端领域。 据弗若斯特沙利文资料，2024年其内存互连芯片全球市占率达36.8%，位居行业首位。目前公司两大核 心产品线为互连类芯片及津逮CPU产品，主要客户包括CEAC、美光、三星及SK海力士。 澜起科技(06809)首挂上市，公告显示，每股定价106.89港元，共发行6589万股份，每手100股，所得款 项净额约69.05亿港元。截至发稿，涨57.17%，报168港元，成交额9.75亿港元。 ...

据弗若斯特沙利文资料，2024年其内存互连芯片全球市占率达36.8%，位居行业首位。目前公司两大核 心产品线为互连类芯片及津逮CPU产品，主要客户包括CEAC、美光、三星及SK海力士。 招股书显示，澜起科技是一家全球领先的无晶圆厂集成电路设计公司，专注于为云计算及AI基础设施 提供创新、可靠且高能效的互连解决方案。公司向行业领先的客户提供互连类芯片，包括内存互连芯片 及PCIe/CXL互连芯片，应用场景涵盖包括数据中心、服务器及计算机在内的广泛终端领域。 智通财经APP获悉，澜起科技(06809)首挂上市，公告显示，每股定价106.89港元，共发行6589万股份， 每手100股，所得款项净额约69.05亿港元。截至发稿，涨57.17%，报168港元，成交额9.75亿港元。 ...

格隆汇2月9日｜今日澜起科技(6809.HK)上市，海致科技集团(2706.HK)、沃尔核材(9981.HK)申购。 ...

Group 1 - The core viewpoint of the article highlights the successful listing of Lanqi Technology on the Hong Kong Stock Exchange, with a strong market response and significant investor interest [1] - The company issued 65,890,000 H-shares at a price of 106.89 HKD per share, raising a net amount of approximately 6.9 billion HKD [1] - The public offering was oversubscribed by more than 700 times, attracting over 260,000 investors [1] Group 2 - Lanqi Technology holds the international standard-setting rights for DDR5 and is a key supplier of interconnect chips for AI servers, with a market share of 50% in the DDR5 segment, ranking first globally [1] - Only three companies worldwide can mass-produce DDR5 memory interface chips, and Lanqi has established deep collaborations with leading memory manufacturers such as Samsung and Hynix [1] - The company's self-developed technology is over six months ahead of competitors, and it is projected to achieve over 50% growth in net profit by the first nine months of 2025, indicating strong profitability [1]

Core Viewpoint - The article highlights the successful listing of Lanqi Technology on the Hong Kong Stock Exchange, emphasizing its strong market position and investor interest in the company's H-shares [1][2]. Group 1: Company Overview - Lanqi Technology is a leading global supplier of memory interconnect chips, with a listing price of 106.89 HKD and a total issuance of 65,890,000 H-shares, raising approximately 6.9 billion HKD [1][2]. - The company holds the international standard-setting rights for DDR5 and has a market share of 50% in the DDR5 segment, making it the top player globally [1][2]. - Lanqi Technology has established deep collaborations with major memory manufacturers like Samsung and Hynix, and it is one of only three companies worldwide capable of mass-producing DDR5 memory interface chips [1][2]. Group 2: Market Reception - The public offering in Hong Kong saw an overwhelming subscription rate of over 700 times, attracting more than 260,000 investors [1][2]. - A total of 19 top cornerstone investors, including Morgan Stanley and UBS, participated in the offering, collectively subscribing to 450 million USD, which accounts for 49.82% of the total offering [1][2]. Group 3: Financial Performance - The company is expected to achieve over 50% growth in net profit in the first nine months of 2025, indicating strong profitability [1][2].

Economic Data - The People's Bank of China will release January CPI and PPI on February 11 [1] - The National Bureau of Statistics will publish the monthly report on January commodity residential sales price index on February 13 [1] - Financial data including January social financing and new RMB loans will also be released next week [1] - In the US, December retail sales month-on-month will be announced on February 10, followed by January unemployment rate and non-farm employment data on February 11 [1] Earnings Reports - The US earnings season continues with several notable companies reporting next week, including BP, Barclays, Marriott, Coca-Cola, and AstraZeneca on February 10 [2] - Other companies such as NetEase, Youdao, and Total will report on February 11, while TripAdvisor and Hyatt will report on February 12 [2] - In Hong Kong, SMIC will report earnings on February 10, followed by Budweiser APAC and NetEase Cloud Music on February 11 [2] New Stock Issuance - One new stock, Tongbao Optoelectronics, will be available for subscription on February 9, with Ai De Technology listing on the Beijing Stock Exchange on February 10 [2] - Several new stocks will list in Hong Kong, including Lanke Technology on February 9 and Aixin Yuanzhi on February 10 [2] Stock Unlocking - A total of 33 restricted stocks will be unlocked next week, with a total market value exceeding 36 billion yuan, led by Hunan YN with 24.096 billion yuan [3][10] Central Bank Operations - The central bank will have 4.055 billion yuan of reverse repos maturing next week, with specific amounts maturing each day [3][10] Government Bonds - The Ministry of Finance will issue the first phase of RMB government bonds in Hong Kong on February 11, with a scale of 14 billion yuan [13]

2026年开年以来，港股IPO市场延续火热态势，新股扩容稳步加快，"A+H"两地上市热潮也在同步升温。根据安排，2月9日—13日这周，港交所将迎来6只 新股集中上市，分别为先导智能、沃尔核材、澜起科技、海致科技集团、乐欣户外和爱芯元智，其中澜起科技、先导智能、沃尔核材3家系A股上市公司， 这意味着"A+H"股阵营也将扩容。经统计，开年至今，港股市场已上市18只新股，其中"A+H"股占据了7个席位，港股市场"含A量"持续提升。另外值得一提 的是，2026年开年港股新股募资表现亮眼，目前已有牧原股份、东鹏饮料两只超百亿港元募资新股上市。 | 序号 证券代码 | | 证券名称 | | 上市日期 | 易集 | | --- | --- | --- | --- | --- | --- | | | | | િ | | [单位 | | 1 | 9981.HK | | 沃尔核材 ピ | 2026-02-13 | | | 2 | 2706.HK | | 海致科技集团 ピ | 2026-02-13 | | | 3 | 0470.HK | | 先导智能 ~ | 2026-02-11 | | | イ | 2720.HK | | 乐欣户 ...

Group 1 - The Forbes China Year-End Gala held on February 4, 2026, in Shanghai gathered outstanding entrepreneurs and industry leaders from technology, healthcare, semiconductors, and investment sectors to discuss future trends in artificial intelligence, hard technology, biomedicine, and business civilization [2] - Forbes China has been releasing various rankings since entering the Chinese market in 2003, including the Best CEO in China and the Top 50 Innovative Companies in China, which serve as important references for observing changes in China's business society [2] - The event featured a forum with keynote speeches and roundtable discussions covering topics such as healthcare, technology, talent, and sustainable development, aimed at exploring industry development trajectories and prospects [4] Group 2 - The keynote speech by Han Xu, CEO of WeRide, emphasized the strategic significance of autonomous driving as the first large-scale application of physical AI, predicting that within five years, everyone could stop driving, leading to the era of household service robots [6] - Chen Zhisheng, CEO of WuXi Biologics, forecasted that tumors could become controllable chronic diseases within five years, similar to diabetes, and discussed the transformative application of digital technology in drug production [12] - Xu Siqing, founder of Alpha Community, highlighted the dual nature of technological advancement, particularly in AI, which presents both opportunities and challenges to existing human life orders [16] Group 3 - Zhang Hua, founder and chairman of Shibang Group, warned that the era where labor is no longer a necessity is approaching, urging companies to design new job structures for collaboration between humans and intelligent agents [18] - Zhu Jia, partner at Guanghe Venture Capital, pointed out that the core bottleneck limiting AI development is not semiconductor chips but power supply, which is driving nuclear fusion technology towards commercialization [20] - The roundtable discussions included insights on the semiconductor industry's supply-demand mismatch, with Wu Shengwu, chairman of Rongxin Semiconductor, noting a structural contradiction where high-end demand faces capacity shortages while non-specialty processes are oversupplied [27] Group 4 - Liu Yuqing, assistant president of Huafeng Technology Group, emphasized the critical role of advanced packaging in enhancing computing power in the post-Moore's Law era, advocating for a focus on deepening capabilities in the domestic equipment sector [29] - Fang Ling, co-founder of CGL, observed a shift in talent competition within the semiconductor industry from purely technical talent to composite talent with commercial awareness, predicting that AI will exacerbate workplace differentiation [31] - The event also recognized companies like Huafeng Technology and Microchip Technology for their innovative contributions to the industry, awarding them the "2025 Forbes China Innovation Power 50" [58]

Investment Rating - The report maintains a "Positive" investment rating for the electronic industry, indicating an expectation of returns stronger than the market benchmark by over 5% [5]. Core Insights - Strong demand for computing power driven by AI applications is expected to continue, with significant investments from major cloud providers [8]. - The hardware supply-demand imbalance is spreading across various sectors, leading to price increases [8]. - New technologies such as CPO (Co-Packaged Optics) are anticipated to create additional demand [8]. Summary by Sections Investment Recommendations and Targets - Key investment targets include: - Semiconductor manufacturing: SMIC (688981, Buy), Hua Hong Semiconductor (01347, Buy) - Testing and packaging: Changdian Technology (600584, Buy), Tongfu Microelectronics (002156, Buy), and others [9]. - Server storage: Lianqi Technology (688008, Buy) - CPUs: Haiguang Information (688041, Buy), Longxin Technology (688047, Not Rated), and others [9]. - Passive components: Sanhua Group (300408, Buy), Fenghua Advanced Technology (000636, Not Rated) [9]. - Server manufacturing: Industrial Fulian (601138, Buy), Huaqin Technology (603296, Buy) [9]. - Analog and power chips: Naxin Micro (688052, Buy), Sierui Technology (688536, Not Rated), and others [9]. - Semiconductor equipment: Zhongwei Company (688012, Buy), Northern Huachuang (002371, Buy), and others [9]. - Optical devices/chips: Zhishang Technology (301486, Not Rated), Tianfu Communication (300394, Not Rated), and others [9]. AI Applications and Edge Computing - Key targets in edge AI applications include: - AI main control chips: Amlogic (688099, Buy), Hengxuan Technology (688608, Buy) - Edge storage: Zhaoyi Innovation (603986, Buy), Bawei Storage (688525, Buy) [10]. - Terminal manufacturers: Hikvision (002415, Buy), Luxshare Precision (002475, Buy), BYD Electronics (00285, Not Rated), and others [10]. - Core components for AI edge: Huanxu Electronics (601231, Buy), Sunny Optical Technology (02382, Buy), and others [10].

点击查看公告原文>> 澜起科技股份有限公司（股份代号：6809）今日公布全球发售结果，最终发售价确定为每股106.89港 元，此价格为本次发行的最高发售价。本次全球发售的发售股份总数为65,890,000股H股，其中香港公 开发售股份6,589,000股，国际发售股份59,301,000股，另设有超额配售权，涉及9,883,500股H股。按最 终发售价计算，本次全球发售在超额配股权未行使前的所得款项总额约为70.4亿港元，扣除估计应付上 市开支1.4亿港元后，所得款项净额约为69.0亿港元。 声明：市场有风险，投资需谨慎。 本文为AI大模型基于第三方数据库自动发布，不代表新浪财经观 点，任何在本文出现的信息均只作为参考，不构成个人投资建议。如有出入请以实际公告为准。如有疑 问，请联系biz@staff.sina.com.cn。 来源：新浪港股-好仓工作室 本次全球发售的保荐人为中金公司、摩根士丹利及瑞银集团。H股预计将于2026年2月9日（星期一）上 午九时正开始在香港联合交易所有限公司主板买卖，股份代号为6809。 香港公开发售方面，共接获260,646份有效申请，成功申请数为56,356份，认购倍数高达7 ...