Stock Track | NUOBIKAN Soars 292.5% in Intraday Trading on Strong Hong Kong Debut and IPO Oversubscription

Stock Track2025-12-23

NUOBIKAN Artificial Intelligence Technology (HKG:2635) witnessed a staggering 292.50% surge in its stock price during intraday trading on Tuesday, marking one of the most dramatic debuts on the Hong Kong stock exchange this year.

The surge follows the company's highly anticipated IPO, which was oversubscribed by 188.74 times in the Hong Kong public offering. The stock opened at HK$319.8 per share, a significant premium to its final offer price of HK$80.00, reflecting intense investor interest in the AI-focused firm.

NUOBIKAN's performance was further buoyed by its strong showing in dark pool trading, where it closed at HK$300.60 per share, up 275.75%. The company specializes in AI and digital twin technologies for industries like transportation and energy, and its IPO success underscores the growing appetite for AI-driven investments in the market.

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