Business1 hSeptember 29, 2026, 13:35

Shenzhen HFC Shares Soar 719% on Debut, Chairman Becomes Billionaire

Shares of Chinese chip-cooling materials maker Shenzhen HFC jumped 719% on their trading debut. Chairman Sun Aixiang, who started out selling plastics, now has a net worth of $1.7 billion, and company director Zhao Jianping has also become a billionaire.

Forbes

Open source

Shenzhen HFC shares surged 719% on their debut
Chairman Sun Aixiang's net worth reached $1.7 billion
Director Zhao Jianping also became a billionaire
The company makes materials for cooling chips

#ShenzhenHFC

Acer Chairman: Memory Shortage Won't Last Until 2030, Prices to Peak Mid-2027

Business

N Chandrasekaran reverses exit decision, gets another 5-year term as Tata Sons Chairman

Policy

Billionaire-backed AI safety activists have significantly expanded their Capitol Hill lobbying, with groups like ControlAI conducting hundreds of meetings (Washington Post)

Business

Shenzhen HFC Shares Soar 719% on Debut, Chairman Becomes Billionaire

Acer Chairman: Memory Shortage Won't Last Until 2030, Prices to Peak Mid-2027

N Chandrasekaran reverses exit decision, gets another 5-year term as Tata Sons Chairman

Billionaire-backed AI safety activists have significantly expanded their Capitol Hill lobbying, with groups like ControlAI conducting hundreds of meetings (Washington Post)

Fireworks, Fal in Talks for New Rounds as Inference Demand Soars