Stock Track | TIANYU SEMI Plummets 20.69% in Intraday Trading as Hong Kong Debut Opens Below Offer Price

Stock Track2025-12-05

TIANYU SEMI (02658) saw its stock price plummet by 20.69% during intraday trading on Friday, reflecting investor disappointment over its market debut.

The sharp decline followed the company's shares opening at HK$38 each in its Hong Kong debut, significantly lower than its offer price of HK$58 apiece. This discrepancy between the debut price and the offer price triggered a sell-off, leading to the steep drop in the stock's value.

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