Chinese intelligent driving and cabin solutions provider MINIEYE saw its shares soar 9.41% during the pre-market session on Friday, driven by a strong trading debut on the Hong Kong Stock Exchange.
The company's shares opened at HK$18.60 apiece, significantly higher than the initial public offering (IPO) price of HK$17.00. The robust investor demand for the newly listed stock fueled the surge in its share price.
MINIEYE's impressive debut performance reflects investors' optimism about the prospects of the intelligent driving and cabin solutions industry in China. The company's innovative offerings and growth potential appear to have resonated well with the market.
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