Epiworld International's stock soared 31.13% in intraday trading on Monday, following its debut on the Hong Kong Stock Exchange.
The Chinese semiconductor materials company raised HK$1.56 billion from its initial public offering, with the final offer price set at HK$76.26 per share. The stock opened at HK$110 per share, significantly above its offer price, reflecting strong investor demand.
The Hong Kong public offer was 50.66 times subscribed, indicating substantial retail investor interest, while the international offering was 1.95 times subscribed. Cornerstone investor Xiamen Advanced Intelligent Manufacturing Industry Investment was allotted 10.1 million shares, representing 46.80% of the global offering.
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