Group 1 - The core point of the article highlights that the newly listed stock, Jinye International Group (08549), has experienced a significant decline of over 22%, reaching a new low of 0.64 HKD since its listing, which is less than 30% higher than its IPO price of 0.5 HKD [1] - Jinye International debuted on the Hong Kong GEM (Growth Enterprise Market) on October 10, with an oversubscription rate exceeding 11,500 times, making it the first stock in Hong Kong history to achieve such a high subscription rate [1] - On its first trading day, the stock price surged by 330%, with pre-listing trading seeing a peak increase of 900% [1] Group 2 - The company is a well-established contractor in Hong Kong engaged in electromechanical engineering, focusing on the supply, installation, and maintenance of HVAC, electrical, and water supply systems, primarily undertaking private projects as the main contractor [1] - The annual revenue of the company exceeds 100 million HKD, while its annual profit is only in the tens of millions HKD [1] - The company anticipates a significant reduction in net profit for the fiscal year 2025/26 compared to 2024/25, primarily due to increased listing expenses [1]
港股异动 | 次新股金叶国际集团(08549)跌超22% 股价再度刷新上市新低