Core Insights - The Chinese watch brand Xipuni saw its stock price surge nearly 260% on its debut, with a peak increase of 72.5% to HKD 182.8, significantly rising 5.2 times from the IPO price of HKD 29.6 [1] - As of the latest update, Xipuni's stock price increased by 66.51%, trading at HKD 176.5 [1] Summary by Sections - **Stock Performance** - Xipuni's stock reached a high of HKD 182.8, with an opening price of HKD 106.5 and a closing price of HKD 106.0 from the previous day [2] - The stock experienced a trading volume of 816,200 shares and a total transaction value of HKD 127 million [2] - The stock's price fluctuation was 71.98%, with a market capitalization of HKD 10.383 billion [2] - **IPO Subscription Details** - During the public offering phase, Xipuni received a subscription rate of 2505.9 times, with 1.06 million shares allocated, representing about 10% of the total offering [2] - A total of approximately 160,900 valid applications were received, with 9,468 applications processed, resulting in an allocation rate of about 1% for each hand applied [2] - **International Placement** - In the international placement phase, Xipuni achieved a subscription rate of 3.9 times, with 9.54 million shares allocated, accounting for 90% of the total offering [3]

Core Insights - The Chinese watch brand Xipuni (2583.HK) saw its stock price surge 2.6 times on its first trading day, indicating strong market interest and demand [1] - On the following day, the stock price continued to rise, reaching a peak increase of 72.5% to HKD 182.8, representing a total increase of 5.2 times from the IPO price of HKD 29.6 [1] - The IPO raised a net amount of approximately HKD 269 million, showcasing the brand's successful entry into the public market [1] Subscription Details - The public offering portion was oversubscribed by 2504 times, reflecting high investor enthusiasm [1] - Each subscription unit consisted of 100 shares, with a low winning rate of 1% for applicants [1]