UPDATE 1-China-based OmniVision Integrated Circuits seeks to raise up to $617 million in HK listing

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Dec 31 (Reuters) - China's OmniVision Integrated Circuits 603501.SS aims to raise up to HK$4.80 billion ($616.94 million) in its Hong Kong listing, according to a filing with the exchange on Wednesday.

The Shanghai-listed chip designer is offering 45.8 million H shares at a maximum offer price of HK$104.80 apiece.

It expects to announce the final offer price by January 9, the filing showed.

OmniVision is the latest among several Chinese companies that are listing in Hong Kong, underscoring investor confidence and optimism around tech-driven growth, helped by regulatory changes and robust liquidity.

Average first-day gains for Hong Kong IPOs in 2025 were about 40%, according to the Hong Kong Stock Exchange. As of December 30, IPOs in the city had raised HK$285.8 billion from 119 listings, according to HKEX.

Other listings this year include Chinese battery giant CATL 300750.SZ, which raised $4.6 billion, and bubble tea and drinks chain Mixue Group 2097.HK, which raised $444 million.

($1 = 7.7803 Hong Kong dollars)


(Reporting by Sneha Kumar in Bengaluru; Editing by Tasim Zahid)

((Sneha.Kumar@thomsonreuters.com;))

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