According to a news source, DAHON TECH (02543) has seen a rebound of over 10% today, peaking at HKD 50.8, recovering its previous dip below the IPO price of HKD 49.5. As of the time of reporting, the stock has risen by 8.75%, trading at HKD 50.2, with a turnover of HKD 11.23 million. On the news front, DAHON TECH announced that on October 4, the sole overall coordinator partially exercised the over-allotment option involving a total of 1.121 million shares, accounting for approximately 14.15% of the total offering. Each share was priced at HKD 49.5, raising a net additional amount of HKD 52.8 million. The stabilization period for the global offering ended on October 4. According to a research report from CITIC Securities, DAHON TECH specializes in the research, production, and sales of folding bicycles and related components, and also earns licensing revenue through its "Sharing 360 Project." Bicycle revenue is predominant, accounting for 98.1% of total revenue, with a stable gross margin of over 30%. The firm noted that DAHON TECH operates in a high-growth segment of the folding bicycle market, which is among the more prominent growth segments in the second mobility market, and with an extensive product matrix and channel expansion, it has assigned a "Buy" rating, with a target price of HKD 76.57.