Stock Track | APT Electronics Soars Over 50% in Explosive Trading Debut

Stock Track11-08

Shares of APT Electronics (HKG:2551) skyrocketed on their trading debut in Hong Kong on Friday, surging as much as 53.19% in an explosive opening session fueled by overwhelming investor demand for the company's recently concluded initial public offering (IPO).

The electrical products manufacturer had priced its IPO at HK$3.61 per share, raising net proceeds of HK$82.3 million. However, the public offering tranche was oversubscribed by a staggering 5,678 times, while the institutional tranche saw demand exceed supply by nearly 7 times, indicating immense investor appetite for the company's shares.

Reflecting this robust demand, APT Electronics opened at HK$4.20 on its first trading day, representing a 16% premium over its IPO price. The stock's rally intensified as the session progressed, with shares surging as high as 30.75% above the IPO price in mid-morning trading before closing the day at HK$5.53, up an impressive 53.19%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1143938963?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-08 16:17","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1143938963","market":"hk","top_or_hot":-1,"title":"Stock Track | APT Electronics Soars Over 50% in Explosive Trading Debut","media":"Stock Track","content":"<p>Shares of APT Electronics (HKG:2551) skyrocketed on their trading debut in Hong Kong on Friday, surging as much as 53.19% in an explosive opening session fueled by overwhelming investor demand for the company's recently concluded initial public offering (IPO).</p>\n\n<p>The electrical products manufacturer had priced its IPO at HK$3.61 per share, raising net proceeds of HK$82.3 million. However, the public offering tranche was oversubscribed by a staggering 5,678 times, while the institutional tranche saw demand exceed supply by nearly 7 times, indicating immense investor appetite for the company's shares.</p>\n\n<p>Reflecting this robust demand, APT Electronics opened at HK$4.20 on its first trading day, representing a 16% premium over its IPO price. The stock's rally intensified as the session progressed, with shares surging as high as 30.75% above the IPO price in mid-morning trading before closing the day at HK$5.53, up an impressive 53.19%.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | APT Electronics Soars Over 50% in Explosive Trading Debut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | APT Electronics Soars Over 50% in Explosive Trading Debut\n</h2>\n\n<h4 class=\"meta\">\n\n2024-11-08 16:17 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of APT Electronics (HKG:2551) skyrocketed on their trading debut in Hong Kong on Friday, surging as much as 53.19% in an explosive opening session fueled by overwhelming investor demand for the...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02551","symbol_name":"晶科电子股份","start_time":0,"source_url":"","article_id":"1143938963","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1143938963","pubTimestamp":1731053832,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of APT Electronics  skyrocketed on their trading debut in Hong Kong on Friday, surging as much as 53.19% in an explosive opening session fueled by overwhelming investor demand for the company's recently concluded initial public offering .The electrical products manufacturer had priced its IPO at HK$3.61 per share, raising net proceeds of HK$82.3 million. However, the public offering tranche was oversubscribed by a staggering 5,678 times, while the institutional tranche saw demand exceed s","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02551":"晶科电子股份"},"translate_title":"股票赛道APT Electronics爆炸式交易首秀飙升逾50%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02551":1},"content_text":"Shares of APT Electronics (HKG:2551) skyrocketed on their trading debut in Hong Kong on Friday, surging as much as 53.19% in an explosive opening session fueled by overwhelming investor demand for the company's recently concluded initial public offering (IPO).\nThe electrical products manufacturer had priced its IPO at HK$3.61 per share, raising net proceeds of HK$82.3 million. However, the public offering tranche was oversubscribed by a staggering 5,678 times, while the institutional tranche saw demand exceed supply by nearly 7 times, indicating immense investor appetite for the company's shares.\nReflecting this robust demand, APT Electronics opened at HK$4.20 on its first trading day, representing a 16% premium over its IPO price. The stock's rally intensified as the session progressed, with shares surging as high as 30.75% above the IPO price in mid-morning trading before closing the day at HK$5.53, up an impressive 53.19%.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1143938963"}