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<IPO>NOVOSENSE (688052.SH) Clears HKEX Listing Hearing
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Mainland A-share listed company NOVOSENSE (688052.SH) passed the listing hearing of the Hong Kong Stock Exchange, with joint sponsors being CITIC Securities, CICC, and CCBI.

The announcement showed that NOVOSENSE is a pioneering analog chip provider in Mainland China, operating under a fabless light asset model, focusing on chip R&D and design while outsourcing manufacturing to third parties.

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In 2024, NOVOSENSE ranked fifth among Mainland manufacturers in terms of analog chip revenue, first among Mainland manufacturers of automotive analog chips, and second among global fabless manufacturers.
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