Stock Track | XIAO NOODLES Plummets 24.72% on Debut as Shares Open Below Offer Price

Stock Track2025-12-05

XIAO NOODLES (02408) saw its stock plummet by 24.72% during the intraday session on Friday, marking a rocky start to its trading debut in Hong Kong.

The sharp decline came after the stock opened at HK$5 per share, significantly lower than its final offer price of HK$7.04. The weak opening reflected investor disappointment and broader market weakness, as Hong Kong's major indices also opened lower on the same day.

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