Company Overview - 大行科工 (02543) is the largest folding bicycle company in mainland China, leading in both retail volume and retail value for folding bicycles in 2024 [1] - The company had a total market capitalization of 1.567 billion HKD during its IPO, with an initial public offering (IPO) price corresponding to a static price-to-earnings (PE) ratio of approximately 27.4 times, which is higher than the industry average PE of 22 times [1] IPO Performance - On the second day of trading, 大行科工's stock fell over 8%, after opening high and closing with a nearly 15% increase on the previous day [1] - The public offering segment received approximately 223,900 valid applications, achieving a subscription multiple of 7558.4 times, surpassing the previous record of 6289 times set by 毛记葵涌 in 2018, making it the new "super subscription king" in the Hong Kong stock market [1] Market Activity - As of the latest report, 大行科工's stock was down 8.44%, trading at 52.1 HKD, with a transaction volume of 67.6618 million HKD [1]
港股异动 | 大行科工(02543)上市次日跌超8% 昨日高开低走收涨近15%