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HKG:3986

7 stories mentioning HKG:3986Updated 6d ago

Every FINWIRES story that references HKG:3986, newest first.

Asia

GigaDevice Semiconductor Agrees to Extend Partnership Fund to 2027; Shares Down 8%

GigaDevice Semiconductor (HKG:3986, SHA:603986) agreed to extend the operating term of Beijing Yitang Huachuang Equity Investment Center (Limited Partnership) to August 2, 2027, according to a Shanghai bourse filing on Saturday.The Chinese semiconductor company's Shanghai shares dipped 8% and Hong Kong shares fell 5% during Monday's morning trade.The 1.12 billion yuan fund, which is currently in the exit period, was extended because certain portfolio investments require additional time to complete their exits.The company, which owns 8.97% of the fund, received 139.4 million yuan from the fund.

HKG:3986SHA:603986
Asia

GigaDevice Semiconductor Chairman Plans 1 Billion Yuan Share Purchase

GigaDevice Semiconductor (HKG:3986, SHA:603986) said that Chairman Zhu Yiming plans to buy at least 1 billion yuan of the company's A shares between Dec. 13, 2026 and July 29, 2027, according to a Wednesday Hong Kong bourse filing.The development came after Zhu completed the sale of 11.1 million A shares, or 1.58% of the company's share capital, between May 6 and June 12 for about 4.4 billion yuan, reducing his direct stake to 4.94% from 6.53%.Separately, Zhu undertook not to reduce his shareholding for 12 months from July 29, 2026.He and the concert party InfoGrid Limited currently hold a combined 6.80% stake in the company.

HKG:3986SHA:603986
Asia

GigaDevice Allocates 500 Million Yuan in Funds to Raise Subsidiary's Capital; Shares Up 4%

GigaDevice Semiconductor (HKG:3986, SHA:603986) plans to use 500 million yuan in proceeds from a share placement to raise the capital of a subsidiary, Zhuhai Hengqin Xincun Semiconductor, according to a Wednesday disclosure on the Shanghai bourse.Hengqin Xincun Semiconductor will use the added funds for the construction of the DRAM chip research and development center.The semiconductor company previously raised 4.32 billion yuan in gross proceeds from the share placement. The proceeds were originally intended for the construction of a DRAM chip project and the supplementation of working capital only.The company later adjusted the projects to be allocated with the proceeds after changing the purpose and scale of the DRAM project. The construction of an automotive electronics chip industrialization and research and development hub was added to the funded projects.After the capital increase, Hengqin Xincun Semiconductor's registered capital will rise to 200 million yuan and 150 million yuan.GigaDevice's Shanghai shares rose 4% and Hong Kong shares climbed 3% during the morning trade.

HKG:3986SHA:603986
Asia

GigaDevice's 10 Billion Yuan Partnership Fund Extends Investment Term; Shares Up 9%

GigaDevice Semiconductor (HKG:3986, SHA:603986) said a 10 billion yuan partnership fund extended its investment period, according to a Shanghai bourse filing on Tuesday.The investment term of Beijing Xiaomi Smart Manufacturing Equity Investment Fund Partnership (Limited Partnership) was extended to five years from four years.The company, among other partners, will pay an annual management fee that will be 2% of the investment cost of the partners' unrealized investment projects.The semiconductor company invested 200 million yuan in 2022 as a limited partner to the fund.The company's Shanghai shares jumped nearly 9% during the late-morning trade Tuesday.

HKG:3986SHA:603986
Asia

Update: GigaDevice Semiconductor Sees H1 Profit Soaring More Than 11-Fold

(Updates to add Shanghai ticker in first paragraph and share price movement in last paragraph)GigaDevice Semiconductor (HKG:3986, SHA:603986) expects net profit attributable to shareholders of about 6.90 billion yuan for the first half of 2026, up about 1,099% from 575.5 million yuan a year earlier, according to a Thursday filing with the Hong Kong bourse.The company expects first-half revenue of about 11.5 billion yuan, up about 177% from the prior-year period.The company attributed the expected growth to higher sales volumes and prices for memory chips amid tight industry supply, solid growth in microcontroller shipments driven by industrial, consumer, and automotive demand, and higher fair value gains on securities investments.GigaDevice's shares rose 3% in Shanghai trading Friday morning, while its Hong Kong-listed shares were up nearly 2%.

HKG:3986SHA:603986
Asia

GigaDevice Semiconductor Sees H1 Profit Soaring More Than 11-Fold

GigaDevice Semiconductor (HKG:3986) expects net profit attributable to shareholders of about 6.90 billion yuan for the first half of 2026, up about 1,099% from 575.5 million yuan a year earlier, according to a Thursday filing with the Hong Kong bourse.The company expects first-half revenue of about 11.5 billion yuan, up about 177% from the prior-year period.The company attributed the expected growth to higher sales volumes and prices for memory chips amid tight industry supply, solid growth in microcontroller shipments driven by industrial, consumer, and automotive demand, and higher fair value gains on securities investments.

HKG:3986
Asia

GigaDevice Semiconductor's Profit Soars 523% in Q1

GigaDevice Semiconductor (HKG:3986) recorded a 523% rise in attributable profit in the first quarter of 2026 to 1.46 billion yuan from 234.6 million yuan a year prior, according to a Wednesday Hong Kong bourse filing.Shares of the semiconductor company were down nearly 2% in Thursday afternoon trading.Earnings per share rose to 2.18 yuan from 0.35 yuan in the corresponding period of the previous fiscal year.Operating revenue surged 119% to 4.19 billion yuan from 1.91 billion yuan in the year-ago period.

HKG:3986

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