ROBOTPHOENIX's stock price surged 80.33% during the morning trading session on Monday, following its highly anticipated debut on the Hong Kong Stock Exchange.

The dramatic rise comes after the company's initial public offering saw unprecedented demand, with the public offer portion being oversubscribed approximately 14,855.40 times - setting a new record for Hong Kong stock IPO oversubscription. The industrial robotics maker priced its shares at HK$30.50 each but opened trading at HK$54.65, reflecting strong investor appetite for the stock.

According to company information, ROBOTPHOENIX focuses on the design, research and development, manufacturing, and commercialization of industrial robots, with particular emphasis on light industrial applications. The company raised net proceeds of approximately HK$673 million through the offering of 24.6 million shares.