[ET Net News Agency, 9 January 2025] Shares of CONCH MAT TECH (02560) opened at HK$1.8
in its first trading day, or 40% lower than its offer price of HK$3.
The stock's IPO was 24.83 times oversubscribed, with a board-lot winning rate of 70.00%.
One lot was distributed for subscription of 4 lots.The price is based on the lower limit
of the offer price ranging from HK$3.00 to HK$3.30. (ed)