Stock Track | GUOXIA TECH Soars 97.01% in Intraday Session on Strong Debut After Oversubscribed IPO

Stock Track2025-12-16

GUOXIA TECH (02655) saw its stock price surge by 97.01% during the intraday session on Tuesday, following its highly anticipated debut on the Hong Kong Stock Exchange. The energy storage systems provider's shares opened at HK$38, nearly double its final offer price of HK$20.1 per share.

The company raised HK$700.6 million from its initial public offering, with the Hong Kong public offer being oversubscribed by 1,890.73 times. The strong demand and oversubscription reflect robust investor confidence in GUOXIA TECH's growth prospects, driving the stock's significant price jump on its first trading day.

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