Group 1: Company Listings and Performance - Both Lens Technology and Peak Innovation successfully listed on the Hong Kong Stock Exchange, adding to the A+H market segment [1] - On their first trading day, Lens Technology's stock closed up 9.13%, while Peak Innovation's stock rose by 16.02% [1] - Lens Technology's A-shares traded at a premium of 25.49% over H-shares, and Peak Innovation's A-shares had a premium of 43.04% over H-shares on the first day of trading [1] Group 2: Fundraising and Investor Interest - Lens Technology's global offering consisted of 262 million shares at an issue price of HKD 18.18 per share, raising a total of HKD 4.768 billion [1] - The IPO of Lens Technology received significant interest, with a subscription rate of 462.76 times for the public offering and 16.68 times for the international offering [1] - Peak Innovation raised a total of HKD 2.259 billion with an issue price of HKD 120.5 per share, attracting cornerstone investors such as Taikang Life and Huaxia Fund [2] Group 3: Company Profiles and Market Position - Lens Technology is a leading provider of precision manufacturing solutions for the consumer electronics and smart automotive industries, offering a wide range of products including glass covers and electronic components [2] - Peak Innovation specializes in the design and development of BLDC motor drive control chips, holding a 4.8% market share in China's BLDC motor control chip market, ranking sixth [3] Group 4: Market Trends and Future Outlook - The trend of A+H listings is expected to continue, with 47 new listing applications recorded in the first half of 2025, compared to only 5 for the entire year of 2024 [4] - A+H listings are anticipated to enhance the quality of assets available in the market, with an estimated additional financing scale of approximately HKD 340 billion expected if the queued companies complete their listings by mid-2025 [4]