CFMEE's stock plummeted 5.18% during intraday trading on Tuesday, extending losses after its recent market debut.
The decline represents a continued pullback following the company's highly successful Hong Kong IPO last Friday, where shares surged approximately 104% on their first trading day. CFMEE, the world's largest PCB direct imaging equipment supplier, had raised approximately HK$3.15 billion in its offering, with the Hong Kong public offering receiving over 1,007 times oversubscription.