Stock Track | Haizhi Tech GP Soars 209.87% on Hong Kong Debut After Heavily Oversubscribed IPO

Stock Track

02/13

HAIZHI TECH GP (02706) saw its stock price skyrocket by 209.87% during intraday trading on Friday, marking an explosive start to its public market journey.

The dramatic surge is directly attributed to the company's highly anticipated debut on the Hong Kong Stock Exchange. The IPO was met with exceptionally strong investor demand, with the Hong Kong public offer portion being oversubscribed by a staggering 5,065.06 times. This overwhelming interest set the stage for the stock to open at a significant premium to its final offer price of HK$27.06 per share.

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