HK Stock Movement | YEEBO (INT'L H) (00259) Surges Over 10% Intraday as Metax Integrated Circuits Launches STAR Market Subscription on Dec 5

Stock News12-03

YEEBO (INT'L H) (00259) rose over 10% intraday, with gains narrowing to 8.33% at press time, trading at HK$4.03 with a turnover of HK$5.23 million.

The rally follows Metax Integrated Circuits (Shanghai) Co., Ltd.'s announcement of its initial public offering on the STAR Market. The company plans to issue 40.1 million shares, aiming to raise RMB 3.904 billion. The preliminary inquiry date is set for December 2, 2025, with subscription starting December 5, 2025.

Notably, Suanfeng Information, a wholly-owned subsidiary of YEEBO International, serves as both a key client and shareholder of Metax Integrated Circuits, a leading domestic AI chip manufacturer.

Separately, YEEBO (INT'L H) recently reported interim results as of September-end, showing revenue of approximately HK$554 million, up 5.13% year-on-year. Profit attributable to owners surged 11.55 times to HK$1.218 billion, primarily driven by fair value gains on financial assets at fair value through profit or loss.

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