Futu News, June 15:$SENASIC (06675.HK)$Shares opened higher on the first trading day, rising over 72%. As of the time of writing, the stock was trading at HK$31.60; with each board lot consisting of 200 shares, an investor would have made a profit of HK$2,648 per lot, excluding transaction fees.
Source of Market Data: Futu Securities
According to prior reports, in Futu’s grey market trading on the previous trading day, SENASIC rose 71.02% to HK$31.40. With each board lot comprising 200 shares, this represented a profit of HK$2,608 per lot, excluding transaction fees.
Additionally, according to earlier reports, SENASIC received 5,144.97 times subscription during the public offering phase. The final number of shares allocated to the public offering amounted to 5.3408 million shares, representing approximately 10% of the total offering. A total of approximately 237,900 valid applications were received, of which about 26,704 applications were processed. The approximate percentage of applicants who applied for one board lot and were successfully allocated shares was 2% of the total number of shares applied for.
Furthermore, during the international placement phase, SENASIC was oversubscribed by 4.44 times. The final number of shares allocated to the international offering totaled 48.0662 million shares, equivalent to 90% of the total offering.
Company Overview
SENASIC is a global leader in wireless sensing SoCs (System-on-Chips), dedicated to delivering innovative sensing chips. According to the Frost & Sullivan report, by revenue in 2025, SENASIC is the world’s third-largest and China’s largest supplier of automotive wireless sensing SoCs. Per the same source, the automotive wireless sensing SoC market is a sub-segment of the broader wireless sensing SoC market, where the top two players together hold over 50% of the global market share in this automotive segment.
The company’s commercial success stems from its unparalleled experience in automotive-grade mass production. Automotive-grade mass production capability is a critical benchmark for evaluating a sensing chip provider’s ability to fulfill commitments, as automotive applications demand stringent performance, reliability, and compatibility standards, requiring extensive testing and validation by OEMs. According to Frost & Sullivan, the entire process—from initial design to mass production—for an automotive-grade chip typically takes between 3.5 and 5.5 years. SENASIC’s early establishment and mature automotive-grade mass production capability have fortified its competitive advantage, accelerated time-to-market execution, and provided robust support for its industry-leading commercialization efficiency.
Financial Highlights
For the years 2023, 2024, and 2025, SENASIC reported revenues of RMB 223.5 million, RMB 347.5 million, and RMB 477.9 million, respectively. Gross profit for the same periods amounted to RMB 37.1 million, RMB 70.6 million, and RMB 133.6 million, while net losses for the respective years were RMB 355.8 million, RMB 351.3 million, and RMB 330.6 million.
Don't miss out on the IPO surge! The trailing stop order feature can assist you by automatically placing an order to lock in profits.
The core function lies in 'adjusting stop-loss based on market price.' Simply put: when the share price rises, your stop-loss line follows upward; when the share price falls, the stop-loss line remains unchanged, and once it drops below the set percentage, the system will automatically sell for you!
Editor/Vincent