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<IPO>HAIZHI TECH GP (02706.HK) Debuts at HKD82.3, 2.04x Above Listing Price
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HAIZHI TECH GP (02706.HK) made its debut this morning (13th), opening sharply higher by 2.04 times from its listing price, at HKD82.3, and reaching an early peak of HKD99.6. It last traded at HKD92, nearly 2.4 times higher than its listing price of HKD27.06, with a trading volume of 6.004 million shares and a turnover of HKD525 million. HAIZHI TECH GP focuses on developing AI solutions through graph-model fusion technology. The company globally offered 28.03 million shares, with 10% for public offering. The Hong Kong public offering received 5,065.06 times of subscription. The one-lot (200 shares) success rate was 0.06%. The international offering received 8.39 times of subscription. The final offer price was set at HKD27.06, and the IPO raised net proceeds of HKD655 million. AASTOCKS Financial News Website: www.aastocks.com |
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