Core Viewpoint - Minglue Technology-W (2718.HK) had a strong debut, opening at 280 HKD, representing a 98.58% increase from its IPO price of 141 HKD, with a market capitalization exceeding 40 billion HKD [1] Group 1: IPO Performance - The stock was oversubscribed by 4,452.86 times in the public offering and 13.93 times in the international placement [1] - The opening price of 280 HKD marked a significant increase from the IPO pricing, indicating strong investor interest [2] Group 2: Company Overview - Minglue Technology is recognized as a leading data intelligence application software company in China, projected to be the largest in this sector by total revenue in 2024 according to Frost & Sullivan [1] - The company focuses on providing data intelligence products and solutions that enhance marketing and operational intelligence across both online and offline scenarios [1] - As of June 30, 2025, the company holds 2,322 patents and has 596 patent applications, showcasing its commitment to innovation and technology [1]
港股异动丨明略科技首日上市高开98%，市值超400亿