Xinde Semiconductor rises 14.3% in grey market, Denglin Technology falls 4.33%

Cointime reports: Two Hong Kong IPO candidates traded in the grey market on Nov. 9 ahead of their listing on the Hong Kong Stock Exchange the next day. Xinde Semiconductor (7672.HK), a Chinese semiconductor packaging and testing services provider, closed up 14.3%, while Denglin Technology (9917.HK), a Chinese GPGPU provider, fell 4.33%. Xinde’s global offering was 107 million shares, raising up to about HK$1.023 billion.