A list of this year’s most prominent figures in Chinese financial circles will inevitably include Zhu Yiming, whose name is closely tied with two prominent companies in the hot memory chip sector. One of those, GigaDevice Semiconductor Inc. (3986.HK; 603986.SH), has been on a tear since its IPO in January, with its stock nearly quadrupling from its listing price just half a year later. That contrasts sharply with sluggishness for the broader Hong Kong stock market, making GigaDevice a star in the current climate.
That star power was on shining display last week, as GigaDevice said its profit rose manyfold in the first half of this year on soaring memory prices.
https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0709/2026070901275.pdf
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