“港股GPU第一股” 上市首日大涨！市值破千亿港元

Market Overview - The Hong Kong stock market opened positively on January 2, 2026, with the Hang Seng Index rising by 2.18% to 26,189.79 points, the Hang Seng China Enterprises Index increasing by 2.26% to 9,115.17 points, and the Hang Seng Tech Index climbing by 3.38% to 5,702.56 points [2] - Sectors such as semiconductors, software services, insurance, and telecommunications led the gains, while the food and beverage sector experienced a decline [2] Company Highlights - Wallen Technology, known as the "first GPU stock in Hong Kong," was listed on the Hong Kong Stock Exchange on January 2, 2026, and saw its market value exceed HKD 100 billion shortly after opening, with an initial surge of over 118% [4][5] - The stock closed at HKD 33.88 per share, reflecting a 72.86% increase, with a total market capitalization of HKD 811.8 billion and a trading volume exceeding HKD 4.6 billion [6][7] - Wallen Technology's IPO price was set at HKD 19.6 per share, with 285 million shares issued, raising approximately HKD 5.58 billion [6] Financial Performance - Wallen Technology reported revenues of RMB 499,000 in 2022, RMB 62.03 million in 2023, and projected revenues of RMB 336.8 million in 2024, with significant losses recorded each year [9][10] - The company has accumulated over RMB 5 billion in funding through 10 financing rounds prior to the IPO, with investments from various state-owned and private equity firms [11] Industry Trends - The semiconductor sector showed strong performance on the same day, with stocks like Hua Hong Semiconductor rising nearly 10% and SMIC and Jingmen Semiconductor increasing by nearly 5% [12][13] - The overall semiconductor index rose by 1.62%, indicating a positive trend in the industry [14]