On June 26, Keytop Parking surged 200.38% in regular trading on its first day of listing on the Hong Kong Stock Exchange main board, trading at HK$115.4 per share with turnover of HK$151 million. The IPO was priced at HK$39.55 per share, with total issuance of approximately 10.11 million H-shares, raising net proceeds of approximately HK$340 million.

The Hong Kong public offering was oversubscribed 2,115.21 times, attracting roughly 165,737 investors with aggregate subscription funds of approximately HK$85.5 billion, reflecting extraordinarily strong market demand. The international offering was 5.56 times subscribed with 106 placees. Prior to listing, the stock had already surged over 165% in grey market trading.

Founded in 2006, Keytop Parking is an integrated smart parking operator covering intelligent parking systems, smart parking management services, and parking facility operations. The company ranks second in China's smart parking space operations industry by revenue with a 3.3% market share. It is regarded as the world's first AI parking service provider and the only listed company globally with a proprietary large-model training center dedicated to parking facilities.

(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.)