Movement Alert|CFMEE Declines 3.67% in Regular Trading, Pulling Back After 104% First-Day IPO Surge

Market Focus
06/30

On June 30, CFMEE (09630.HK) declined 3.67% in regular trading, trading at 521.5 HKD/share, with turnover of HK$5.41 million. The stock is experiencing a pullback in its first trading session following the weekend after its Hong Kong IPO debut last Friday.

CFMEE, the world's largest PCB direct imaging equipment supplier, officially listed on the HKEX Main Board on June 26 at an offering price of 252.73 HKD per share, closing its first day at 515 HKD — a gain of approximately 104%. The company raised approximately HK$3.15 billion in net proceeds from issuing 12.84 million H-shares, representing 8.88% of its enlarged share capital. The Hong Kong public offering received over 1,007x oversubscription, with 18 cornerstone investors subscribing to approximately 50% of the global offering. The listing completed CFMEE's A+H dual capital platform strategy, with total market capitalization reaching approximately HK$744.6 billion on debut day.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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