Group 1 - The Hong Kong IPO market continues to thrive, with three companies—Rongda Technology, New Qi'an, and MetaLight—successfully listing on June 10, 2025 [1][2] - The "new share subscription" profit effect remains strong, with Rongda Technology and New Qi'an seeing increases of over 40% and 20%, respectively, while MetaLight experienced a significant drop of 30% [1][2] - The market capitalization of the newly listed companies is relatively small, with the largest being just over 2 billion HKD, and the subscription multiples for international offerings were low, particularly for MetaLight at 2.49 times, while Rongda Technology and New Qi'an were below 1 [1][2] Group 2 - The absence of cornerstone investors for MetaLight, in contrast to the other two companies that had multiple cornerstone investors, may have contributed to its poor performance [2] - The Hong Kong IPO market has seen a significant increase in fundraising, with total IPO proceeds exceeding 77.6 billion HKD in 2025, a more than sevenfold increase compared to the same period last year [2][3] - The positive sentiment in the market, driven by breakthroughs in Chinese AI technology, has led to a more active IPO market, with a first-day drop rate of only 28% for new stocks in 2025, compared to 50% the previous year [3]
3家公司同日上市 港股“打新”有得赚
Zheng Quan Shi Bao·2025-06-10 19:26