Home › Business & Finance › Hong Kong’s IPO revival faces test as 3 new stocks...
Business & Finance

Hong Kong’s IPO revival faces test as 3 new stocks stumble on debut

Hong Kong’s IPO revival faces test as 3 new stocks stumble on debut
Key Points

Hong Kong welcomed four companies to start trading on Tuesday after they raised a combined HK$14.4 billion (US$1.83 billion) – but three opened below their offer prices, adding pressure to an already sluggish month for initial public offerings (IPOs). Automated equipment manufacturer RoboTechnik Intelligent Technology was the largest company to make its debut, having raised HK$5.18 billion, but its shares traded nearly 10 per cent below the offer price in morning trading.

Hong Kong welcomed four companies to start trading on Tuesday after they raised a combined HK$14.4 billion (US$1.83 billion) – but three opened below their offer prices, adding pressure to an already sluggish month for initial public offerings (IPOs). Automated equipment manufacturer RoboTechnik Intelligent Technology was the largest company to make its debut, having raised HK$5.18 billion, but its shares traded nearly 10 per cent below the offer price in morning trading. Shenzhen Kinwong... [Image text:] ficonTEC ROBO-TECHNIK HKEX 29.09.2026 3757 R fiConTEC
Hong Kong’s (LOCATION) IPO (ORG) Hong Kong (LOCATION) RoboTechnik Intelligent Technology (ORG) Shenzhen Kinwong (LOCATION)
Originally published by South China Morning Post Read original →