RIGOL (00537) commenced trading on its first day of listing. The company's announcement indicated an issue price of HK$45.98 per share, with a total of 24.8022 million shares offered. Each board lot consists of 100 shares, and the net proceeds from the offering amounted to approximately HK$1.041 billion.
As of the latest update, the stock was down 18.75%, trading at HK$37.36, with a turnover of HK$44.1837 million.
Public information reveals that RIGOL is a Chinese electronic measurement instrument company possessing advanced technological capabilities and an extensive global footprint. The company aids scientific exploration and industrial innovation by designing, developing, manufacturing, and delivering comprehensive electronic measurement instruments and solutions.
Operating under the "RIGOL" brand, the company serves over 100,000 end customers across more than 90 countries and regions, addressing complex testing challenges faced by clients in various sectors including communications, new energy, semiconductors, education, and scientific research.
According to data from Frost & Sullivan, RIGOL is the largest supplier of electronic measurement instruments in China. Based on 2025 revenue estimates, it ranks eighth globally with a market share of 1.2%. Furthermore, based on 2025 revenue estimates, the company holds the sixth position in the Chinese electronic measurement instrument market, with a market share of 1.9%.
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