Stock Track | BENQ HOLDING Plummets 33.62% in Intraday Trading After Weak Market Debut

Stock Track

12/22

BENQ HOLDING (02581) saw its shares plummet by 33.62% during intraday trading on Monday, marking a rocky start for the newly listed stock.

The sharp decline followed the company's market debut, where its shares opened at HK$6.5, significantly below its IPO offer price of HK$9.34. Despite being the largest for-profit private hospital group in East China, investor sentiment appeared cautious, leading to the steep drop. The company raised approximately HKD 555 million from its IPO, but the weak debut reflects broader market skepticism or unfavorable conditions.

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Despite being the largest for-profit private hospital group in East China, investor sentiment appeared cautious, leading to the steep drop. 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