VIEWTRIX TECH's stock soared 9.62% during intraday trading on Wednesday, showing strong momentum after a period of post-listing adjustment.
The surge comes as the stock appears to be finding a floor after nearly a week of digesting profit-taking pressure following its highly successful IPO debut. The stabilization is attracting renewed capital inflows from investors who see value at current levels.
Market participants note that the company's market capitalization has already surpassed the Stock Connect inclusion threshold, which could potentially expand its investor base. Additionally, VIEWTRIX TECH's positioning as a domestic substitution play in OLED display driver chips adds to its appeal, as it is the world's fifth-largest and mainland China's largest smartphone AMOLED display driver chip supplier by shipment volume.