News / Taiwan / cnyes
CTBC Financial Subsidiaries Plan $127M Combined Bid for HanTest IPO
Electronic Technology · Semiconductors · cnyes · 2026-09-08
2891, 7856
CTBC Bank and Taiwan Life Insurance have announced plans to invest up to NT$4.1 billion in the upcoming IPO of semiconductor equipment firm HanTest.
What Happened
CTBC Financial's Strategic Move: CTBC Financial Holding's subsidiaries, CTBC Bank and Taiwan Life Insurance, have announced plans to participate in the upcoming IPO auction of semiconductor equipment manufacturer HanTest (7856). The two entities have authorized a combined investment of up to NT$4.1 billion to secure shares in the company.
Strong Market Outlook for HanTest: As a key player in semiconductor equipment and engineering services, HanTest is benefiting from the robust growth in AI-driven demand. The company's upcoming mid-September IPO has generated significant interest among institutional investors due to its promising operational outlook.
Investment Rationale: CTBC Bank stated that the decision is based on internal valuations and a fairness opinion from an independent accounting firm, complying with banking regulations. Taiwan Life Insurance emphasized that the investment aligns with its strategy of deploying insurance capital into stable, long-term growth sectors within the AI and semiconductor supply chain.
Pending Auction Results: Both CTBC Bank and Taiwan Life Insurance noted that the final number of shares acquired, the price per share, and the total transaction value remain subject to the outcome of the IPO auction. Further details will be disclosed once the bidding process concludes.