Changes in Hong Kong stocks | Xinde Semiconductor (07672) is now up nearly 4% and surged 13% at the beginning of the market to hit a new listing high

The Zhitong Finance App learned that Xinde Semiconductor (07672) rose rapidly after opening 0.88% lower today. The intraday high was HK$12.88, up 45% from the HK$8.88 issue price, a record high since listing, but the increase continued to narrow since then. As of press release, it rose 3.77% to HK$11.83, with a turnover of HK$2.81 million.

According to news, Xinde Semiconductor is a leading domestic supplier of advanced semiconductor packaging and testing technology solutions. The company's business covers package design and development, supply of customized packaging products, and a full chain of package testing services. It is one of the few domestic manufacturers that has advanced packaging technology capabilities in all categories of QFN, BGA, LGA, WLP and 2.5D/3D.

In terms of performance, from 2023 to 2025, Xinde Semiconductor's revenue was 509 million yuan, 827 million yuan, and 1,012 million yuan respectively; losses for the period were 359 million yuan, 377 million yuan, and 483 million yuan, respectively. In the first four months of 2026, Xinde Semiconductor achieved operating income of 360 million yuan, an increase of 17.4% over the previous year; loss for the period was 162 million yuan.