Ledong Robot's stock soared 5.14% during intraday trading, extending gains following its recent initial public offering.
The surge is attributed to sustained investor enthusiasm after the company's blockbuster Hong Kong IPO debut, where its public offering was oversubscribed 6,706 times. The stock opened significantly above its IPO price on its first trading day and closed with a substantial gain.
As the first spatial perception robot stock, Ledong Robot specializes in intelligent robot visual perception technology with lidar products deployed across various robots, and has demonstrated strong revenue growth in recent years, further drawing market attention.
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