Core Viewpoint - Wallen Technology (6082.HK), known as one of the "Four Little Dragons of Domestic GPUs," had a strong debut, opening at HKD 35.7, a rise of 82.14% from its IPO price of HKD 19.60, with a subscription rate of 2347.53 times for the public offering [1]. Fundraising and Strategic Use - The funds raised from the IPO will primarily drive Wallen Technology's technological breakthroughs and ecosystem development, with approximately 85% allocated for R&D, 5% for commercialization expansion, and 10% for working capital and general corporate purposes [1]. Product Development and Future Plans - The next flagship chip, BR20X, is planned for commercialization in 2026, featuring significant upgrades in computing power, memory capacity, and interconnect bandwidth, along with enhanced native support for broader data formats like FP8 and FP4, aimed at improving large model training and inference efficiency [1]. - Initial R&D has begun on the BR30X for cloud training and inference, and the BR31X for edge inference, with expected launches in 2028, indicating a continuous product pipeline that will open up growth opportunities [1].
港股异动丨壁仞科技首日上市高开82.14%