Market Overview - The Hong Kong stock market is experiencing a continuous adjustment, with the Hang Seng Index at 26,523 points, down 228 points, a decline of 0.85% [1] - The Hang Seng Tech Index is reported at 6,380 points, down 90 points, a decrease of 1.40% [3] New Listings - The newly listed company, Golden Leaf International Group (08549.HK), opened at HKD 3, up 500% from its issue price. In the previous day's dark trading, it surged by 900%. The public offering was oversubscribed by over 9,030 times, marking the highest oversubscription in Hong Kong's history. The company will maintain its planned public offering shares without activating the reallocation mechanism [5] - As of the latest update, Golden Leaf International Group is trading at HKD 3.14, reflecting an increase of 528% [6] - Another new listing, Zhida Technology (02650.HK), opened with a 168% increase, trading at HKD 180. The company focuses on electric vehicle charging solutions [5][8] Sector Performance - In the market, notable stocks showed mixed performance. ZTE Corporation rose over 2%, while China Life and Air China increased by over 1%. In the new consumption sector, Nayuki's Tea rose over 3%, and Pop Mart and Dongfang Zhenxuan increased by over 1% [8] - Conversely, tech stocks underperformed, with Alibaba down over 2%, Tencent down over 1%, and other companies like NetEase and JD.com also experiencing declines [8] Future Outlook - According to Cinda Securities, the trade tensions between the US and China are easing, with agreements to extend the 90-day tariff "truce" reached in mid-May. Additionally, the US Federal Reserve Chairman indicated a potential adjustment in policy stance due to changing risk balances, alongside weakening US employment data raising expectations for interest rate cuts. Despite the lack of improvement in corporate earnings in Hong Kong, the resurgence of AI-related stocks is expected to lead the market, with the Hang Seng Index potentially reaching 28,000 points ahead of important meetings in October [9]

值得注意的是，通过与知名汽车制造商的合作，挚达科技建立了品牌声誉，成为具备竞争优势的电动汽 车家庭充电解决方案提供商，同时与该等主要汽车制造商一同进军海外市场。如今，该公司的产品及服 务已覆盖22个国家。根据弗若斯特沙利文的资料，在泰国和巴西这两个中国以外增长迅速的电动汽车市 场，该公司是率先建立地位且备受认可的智慧家用电动汽车充电桩和服务提供商之一。 公开资料显示，挚达科技以智慧家用电动汽车充电桩为切入点，构建了由产品、服务及数字化平台构成 的"三位一体"电动汽车家庭充电解决方案。根据弗若斯特沙利文的资料，按往绩记录期间家用电动汽车 充电桩的销量计，挚达科技是全球最大的电动汽车家庭充电解决方案提供商，全球市场份额约9.0%， 中国市场份额约13.6%。按销售额计，在全球排名第四，市场份额约5.7%，在中国排名第一，市场份额 10.3%。 挚达科技(02650)首挂上市，公告显示，每股定价66.92港元，共发行597.89万股股份，每手50股，所得 款项净额约3.27亿港元。截至发稿，涨183.92%，报190港元，成交额1.72亿港元。 ...

Group 1 - The core point of the article is that Zhida Technology's Hong Kong IPO saw a significant opening day increase of over 183%, with shares priced at 190 HKD each [1]

Core Viewpoint - Zhidatech (02650) has successfully listed its shares at a price of HKD 66.92, raising approximately HKD 327 million, with a significant initial surge of 183.92% to HKD 190 per share, indicating strong market interest and investor confidence [1] Company Overview - Zhidatech focuses on smart home electric vehicle charging solutions, integrating products, services, and a digital platform into a "three-in-one" offering [1] - The company is recognized as the largest provider of home electric vehicle charging solutions globally, holding a market share of approximately 9.0%, and a 13.6% share in the Chinese market based on sales volume [1] - In terms of sales revenue, Zhidatech ranks fourth globally with a market share of about 5.7%, and it is the leading provider in China with a market share of 10.3% [1] Competitive Advantage - Zhidatech has established a strong brand reputation through partnerships with well-known automotive manufacturers, enhancing its competitive edge in the electric vehicle home charging solutions market [1] - The company has expanded its product and service offerings to 22 countries, indicating a robust international presence [1] Market Position - Zhidatech is recognized as a leading provider of smart home electric vehicle charging solutions in rapidly growing markets outside of China, such as Thailand and Brazil, where it has established a significant presence [1]

来源：新浪港股-好仓工作室 发行情况如下：发行价：最终发行价格为每股H股66.92港元，位于66.92港元至83.63港元价格区间的下 限。发行股数：基础发行股数为5,978,900股H股，本次国际发售并无超额分配发售股份，预期超额配股 權将不獲行使。募集资金规模：所得款项总额为4.0012亿港元，扣除按最终发售价计算的估计应付上市 开支7,354.00万港元后，所得款项净额为3.2658亿港元。认购倍数：香港发售认购倍数为5,440.80倍；国 际配售认购倍数为2.37倍。回拨情况：本次发行未触发回补机制，香港发售初步及最终可供认购的发售 股份数目均为597,900股，占全球发售的发售股份数目百分比为10.00%；国际发售初步及最终可供认购 的发售股份数目均为5,381,000股，占全球发售的发售股份数目百分比为90.00%。基石投资者：公告未 提及基石投资者相关内容。中介团队：独家保荐人、整体协调人、联席全球协调人、联席账簿管理人及 联席牵头经办人为申万宏源证券（香港）有限公司等多家机构，具体包括农银国际融资有限公司、中泰 国际证券有限公司、利弗莫尔证券、黄河证券、西牛证券、元宇证券 。 点击查看公告原文 ...

格隆汇10月9日丨挚达科技(02650.HK)公告，公司全球发售5,978,900股H股，每股H股66.92港元，所得 款项净额3.27亿港元。香港公开发售股份数目占全球发售股份数目10.00%，获认购5440.80倍；国际发 售股份数目占全球发售股份90.00%，获认购2.37倍。假设全球发售于2025年10月10日(星期五)上午八时 正(香港时间)或前成为无条件，则预期H股将于2025年10月10日(星期五)上午九时正开始在联交所买 卖。H股将以每手买卖单位50股H股进行买卖，H股的股份代号将为2650。 ...

其中，香港公开发售获5440.80倍认购，国际发售获2.37倍认购。 挚达科技(02650)公布配发结果，公司全球发售597.89万股股份，香港公开发售占10%，国际发售占 90%。最终发售价为每股66.92港元，全球发售净筹约3.266亿港元。每手50股，预期H股将于2025年10 月10日(星期五)上午九时正开始在联交所买卖。 ...

其中，香港公开发售获5440.80倍认购，国际发售获2.37倍认购。 智通财经APP讯，挚达科技(02650)公布配发结果，公司全球发售597.89万股股份，香港公开发售占 10%，国际发售占90%。最终发售价为每股66.92港元，全球发售净筹约3.266亿港元。每手50股，预期H 股将于2025年10月10日(星期五)上午九时正开始在联交所买卖。 ...

香港交易及結算所有限公司、香港聯合交易所有限公司（「聯交所」）及香港中央結算有限公司 （「香港結算」）對本公告的內容概不負責，對其準確性或完整性亦不發表聲明，並明確表示概不 會就因本公告全部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 本公告不會直接或間接於或向美國（包括其領土及屬地、美國任何州以及哥倫比亞特區）發佈、 刊發或派發。本公告並不構成或組成在美國境內或於任何其他司法管轄區購買或認購任何證券 的任何要約或招攬的一部分。發售股份並無亦不會根據《1933年美國證券法》（經修訂）（「美國 證券法」）或美國任何州或其他司法管轄區的證券法登記。發售股份不得在美國境內提呈發售、 出售、質押或以其他方式轉讓，惟可獲豁免遵守美國證券法登記規定或屬毋須遵守美國證券法 登記規定的交易除外。發售股份不會在美國公開發售。發售股份僅可根據美國證券法S規例在 美國境外以離岸交易方式提呈發售、出售及交付。 本公告僅作說明用途，並不構成收購、購買或認購證券的邀請或要約。本公告並非招股章程。 潛在投資者於決定是否投資發售股份前，應閱覽上海摯達科技發展股份有限公司（「本公司」）刊 發日期為2025年9月30日的招 ...

Core Viewpoint - The Hong Kong IPO market is experiencing unprecedented activity, highlighted by the record oversubscription of new stocks, indicating strong investor interest and potential growth in the market [2][8]. Group 1: IPO Performance - On October 9, the IPO of Golden Leaf International Group (08549) saw its dark market price surge by 900%, with a final trading price of 2.88 HKD, representing a 476% increase from the offering price of 0.5 HKD [4]. - Golden Leaf International Group's public offering was oversubscribed by over 9030 times, marking the highest oversubscription ratio in Hong Kong's IPO history [5]. - Another IPO, ZhiDa Technology (02650), also experienced significant gains, with its dark market price rising over 228% at one point [4]. Group 2: Market Statistics - In the first three quarters of this year, 68 new stocks were listed on the Hong Kong stock market, raising a total of 182.45 billion HKD, which represents a year-on-year increase of 51% and 227% in terms of the number of listings and funds raised, respectively [2][8]. - Deloitte's China Capital Markets Services Department has raised its forecast for the total IPO financing in Hong Kong for 2025 to between 250 billion HKD and 280 billion HKD [2][9]. Group 3: Company Insights - Golden Leaf International Group, established in 2006, specializes in HVAC systems and has a strong market presence in Hong Kong, with over 90% of its revenue derived from this core business [5][6]. - The company reported projected revenues of 123 million HKD and 155 million HKD for the fiscal years 2023/24 and 2024/25, respectively, with net profits of approximately 10.37 million HKD and 14.07 million HKD [5]. - The company has a stable client base, with significant revenue contributions from its top five clients, accounting for 64.5% and 68.1% of total revenue in the respective fiscal years [5].