Stock Track | ABLE DIGITAL Soars 22.22% in Intraday Session on Strong IPO Debut

Stock Track12-08

ABLE DIGITAL (02687) surged 22.22% during the intraday session on Monday, marking a strong debut on the Hong Kong Stock Exchange. The stock opened at HK$83.6 per share, significantly higher than its IPO offer price of HK$67.50.

The company's IPO was met with overwhelming demand, with the Hong Kong public offering oversubscribed by 4,813.4 times. ABLE DIGITAL, a leading provider of digital teaching solutions for higher education institutions in China, raised approximately HK$394 million in net proceeds. Its strong market position, including a 4.0% share in China's higher education digital teaching market, contributed to the bullish investor sentiment.

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/1146578970?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-08 09:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1146578970","market":"sg","top_or_hot":-1,"title":"Stock Track | ABLE DIGITAL Soars 22.22% in Intraday Session on Strong IPO Debut","media":"Stock Track","content":"<p>ABLE DIGITAL (02687) surged 22.22% during the intraday session on Monday, marking a strong debut on the Hong Kong Stock Exchange. The stock opened at HK$83.6 per share, significantly higher than its IPO offer price of HK$67.50.</p><p>The company's IPO was met with overwhelming demand, with the Hong Kong public offering oversubscribed by 4,813.4 times. ABLE DIGITAL, a leading provider of digital teaching solutions for higher education institutions in China, raised approximately HK$394 million in net proceeds. Its strong market position, including a 4.0% share in China's higher education digital teaching market, contributed to the bullish investor sentiment.</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 | ABLE DIGITAL Soars 22.22% in Intraday Session on Strong IPO 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 | ABLE DIGITAL Soars 22.22% in Intraday Session on Strong IPO Debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-12-08 09:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>ABLE DIGITAL (02687) surged 22.22% during the intraday session on Monday, marking a strong debut on the Hong Kong Stock Exchange. The stock opened at HK$83.6 per share, significantly higher than its IPO offer price of HK$67.50.</p><p>The company's IPO was met with overwhelming demand, with the Hong Kong public offering oversubscribed by 4,813.4 times. ABLE DIGITAL, a leading provider of digital teaching solutions for higher education institutions in China, raised approximately HK$394 million in net proceeds. Its strong market position, including a 4.0% share in China's higher education digital teaching market, contributed to the bullish investor sentiment.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02687","symbol_name":"卓越睿新","start_time":0,"source_url":"","article_id":"1146578970","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1146578970","pubTimestamp":1765157568,"columns":[],"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":"ABLE DIGITAL (02687) surged 22.22% during the intraday session on Monday, marking a strong debut on the Hong Kong Stock Exchange. The stock opened at HK$83.6 per share, significantly higher than its...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02687":"卓越睿新"},"translate_title":"个股赛道|ABLE DIGITAL强势IPO首秀盘中大涨22.22%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02687":1},"content_text":"ABLE DIGITAL (02687) surged 22.22% during the intraday session on Monday, marking a strong debut on the Hong Kong Stock Exchange. The stock opened at HK$83.6 per share, significantly higher than its IPO offer price of HK$67.50.The company's IPO was met with overwhelming demand, with the Hong Kong public offering oversubscribed by 4,813.4 times. ABLE DIGITAL, a leading provider of digital teaching solutions for higher education institutions in China, raised approximately HK$394 million in net proceeds. Its strong market position, including a 4.0% share in China's higher education digital teaching market, contributed to the bullish investor sentiment.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"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":"4.35.12","shortVersion":"4.35.12","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/1146578970","isCrawlerRequest":true}