Insilico Medicine's stock surged 47.28% during intraday trading on Tuesday, following its debut on the Hong Kong stock exchange at a significant premium to its offer price.
The company's shares opened at HK$35 each, well above its offer price of HK$24.05 apiece, reflecting strong investor interest in its market debut. This premium opening price is the primary driver behind the stock's sharp rise in early trading.
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