Three specialized technology companies—KNOWLEDGE ATLAS, ILUVATAR COREX, and EDGE MEDICAL-B—listed on the Hong Kong Stock Exchange on the same day, opening higher against the prevailing market trend.

KNOWLEDGE ATLAS recorded the narrowest gain, opening at HK$120, which was 3.3% above its issue price of HK$116.2. Based on a board lot of 100 shares, this translates to a paper profit of HK$380 per lot.

EDGE MEDICAL-B saw the largest increase, opening at HK$54.8, a significant 26.7% jump from its issue price of HK$43.24. This resulted in a paper profit of HK$1,156 per lot.

ILUVATAR COREX opened at HK$180, representing a 24.5% premium to its issue price of HK$144.6, yielding a paper profit of HK$3,540 per lot for investors.

All three companies assembled impressive cornerstone investor lineups. KNOWLEDGE ATLAS attracted cornerstone investments from Shanghai GaoYao, CICC, Taikang Life Insurance, GF Fund, 3W Fund, and Wusong, with a total investment of approximately HK$2.98 billion, accounting for about 68% of the offering.

ILUVATAR COREX secured cornerstone investors including ZTE Corporation, UBS, 4Paradigm, China Universal Asset Management, and China Asset Management, with a total investment of HK$1.58 billion, representing roughly 43% of the offering.

EDGE MEDICAL-B brought in cornerstone investors such as the Abu Dhabi Investment Authority, UBS, Huang River (a wholly-owned subsidiary of Tencent), and China Asset Management, with aggregate subscriptions totaling around $75 million, which accounted for approximately 45% of its offering.