Hong Kong Stock Move: Kinwong Opens Below IPO Price Then Rebounds, Once Up Over 10%, Joins Stock Connect on First Trading Day

Stock News09-29 11:24

Kinwong (03228) officially listed on the Hong Kong Stock Exchange this morning, opening lower in early trading before staging a rebound, at one point gaining more than 10%. As of press time, the stock was up 7.9% at HK$75.4, with a turnover of HK$1.041 billion.

Public information shows that Kinwong is a national high-tech enterprise specializing in the research and development, production, and sales of printed circuit boards (PCBs). According to data from China Insights Consultancy, based on 2025 revenue, the company is the world's largest automotive electronics PCB supplier with a 10.6% market share; it ranks eleventh among global PCB suppliers with a 2.5% market share; and it ranks fifth among PCB manufacturers in mainland China.

According to announcements from the Shanghai and Shenzhen stock exchanges, Kinwong has been included in Stock Connect, effective from September 29. It is worth noting that Kinwong's Hong Kong IPO pricing created a significant arbitrage gap with its A-share market price. Its A-share closing price on September 28 was 95.00 yuan per share, and the Hong Kong offering price represented a 37% discount to that level.

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/1165485376?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-29 11:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1165485376","market":"other","top_or_hot":-1,"title":"Hong Kong Stock Move: Kinwong Opens Below IPO Price Then Rebounds, Once Up Over 10%, Joins Stock Connect on First Trading Day","media":"Stock News","content":"<p>Kinwong (03228) officially listed on the Hong Kong Stock Exchange this morning, opening lower in early trading before staging a rebound, at one point gaining more than 10%. As of press time, the stock was up 7.9% at HK$75.4, with a turnover of HK$1.041 billion.<br><br>Public information shows that Kinwong is a national high-tech enterprise specializing in the research and development, production, and sales of printed circuit boards (PCBs). According to data from China Insights Consultancy, based on 2025 revenue, the company is the world's largest automotive electronics PCB supplier with a 10.6% market share; it ranks eleventh among global PCB suppliers with a 2.5% market share; and it ranks fifth among PCB manufacturers in mainland China.<br><br>According to announcements from the Shanghai and Shenzhen stock exchanges, Kinwong has been included in Stock Connect, effective from September 29. It is worth noting that Kinwong's Hong Kong IPO pricing created a significant arbitrage gap with its A-share market price. Its A-share closing price on September 28 was 95.00 yuan per share, and the Hong Kong offering price represented a 37% discount to that level.</p>","source":null,"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>Hong Kong Stock Move: Kinwong Opens Below IPO Price Then Rebounds, Once Up Over 10%, Joins Stock Connect on First Trading Day</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\">\nHong Kong Stock Move: Kinwong Opens Below IPO Price Then Rebounds, Once Up Over 10%, Joins Stock Connect on First Trading Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-09-29 11:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Kinwong (03228) officially listed on the Hong Kong Stock Exchange this morning, opening lower in early trading before staging a rebound, at one point gaining more than 10%. As of press time, the stock was up 7.9% at HK$75.4, with a turnover of HK$1.041 billion.<br><br>Public information shows that Kinwong is a national high-tech enterprise specializing in the research and development, production, and sales of printed circuit boards (PCBs). According to data from China Insights Consultancy, based on 2025 revenue, the company is the world's largest automotive electronics PCB supplier with a 10.6% market share; it ranks eleventh among global PCB suppliers with a 2.5% market share; and it ranks fifth among PCB manufacturers in mainland China.<br><br>According to announcements from the Shanghai and Shenzhen stock exchanges, Kinwong has been included in Stock Connect, effective from September 29. It is worth noting that Kinwong's Hong Kong IPO pricing created a significant arbitrage gap with its A-share market price. Its A-share closing price on September 28 was 95.00 yuan per share, and the Hong Kong offering price represented a 37% discount to that level.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0201","symbol_name":"可转债","start_time":0,"source_url":"","article_id":"1165485376","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1165485376","pubTimestamp":1790652269,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Kinwong (03228) officially listed on the Hong Kong Stock Exchange this morning, opening lower in early trading before staging a rebound, at one point gaining more than 10%. As of press time, the...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"603228":"景旺电子","BK0201":"可转债","BK4588":"碎股","SGXZ49509284.SGD":"United China A Shares Innovation A Acc SGD","BK4585":"ETF&股票定投概念","03228":"景旺电子","FLHK":"Franklin FTSE Hong Kong ETF","SGXZ81163826.USD":"UNITED CHINA A-SHARES INNOVATION \"A\" (USD) ACC","BK0214":"IT设备","BK0185":"二线龙头","IPOS":"Renaissance International IPO ETF","BK1170":"电子元件","KCAI":"KraneShares China Alpha Index ETF","VXUS":"国际股票ETF-Vanguard"},"translate_title":"港股走势：Kinwong开盘低于IPO价格，随后反弹，一度上涨超过10%，首个交易日加入股票通","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"603228":1,"KCAI":1,"03228":1,"VXUS":1,"FLHK":1,"IPOS":1},"content_text":"Kinwong (03228) officially listed on the Hong Kong Stock Exchange this morning, opening lower in early trading before staging a rebound, at one point gaining more than 10%. As of press time, the stock was up 7.9% at HK$75.4, with a turnover of HK$1.041 billion.Public information shows that Kinwong is a national high-tech enterprise specializing in the research and development, production, and sales of printed circuit boards (PCBs). According to data from China Insights Consultancy, based on 2025 revenue, the company is the world's largest automotive electronics PCB supplier with a 10.6% market share; it ranks eleventh among global PCB suppliers with a 2.5% market share; and it ranks fifth among PCB manufacturers in mainland China.According to announcements from the Shanghai and Shenzhen stock exchanges, Kinwong has been included in Stock Connect, effective from September 29. It is worth noting that Kinwong's Hong Kong IPO pricing created a significant arbitrage gap with its A-share market price. Its A-share closing price on September 28 was 95.00 yuan per share, and the Hong Kong offering price represented a 37% discount to that level.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":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,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.50.1","shortVersion":"4.50.1","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/1165485376","isCrawlerRequest":true}