51WORLD (06651) saw its stock price surge by 19.87% during intraday trading on Tuesday, reflecting strong investor interest following its Hong Kong debut.
The company's global offering was significantly oversubscribed, with the Hong Kong public offering receiving applications for 256.01 times the shares initially available. Additionally, the stock opened at HK$35 per share, well above its offer price of HK$30.5, indicating robust market confidence in the company's prospects.
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