Six newly listed companies in Hong Kong ended their trading debut in positive territory on Tuesday.
Artificial intelligence drug discovery firm InSilico Medicine Cayman (3696) led the gains, closing at HK$29.98, up 24.7 percent from its offer price of HK$24.05. The stock saw turnover of HK$1.27 billion, with investors earning a paper gain of HK$2,965 per board lot of 500 shares.
Premium skincare brand Shanghai Forest Cabin Cosmetics (2657) rose 9.3 percent, with trading value reaching HK$480 million, translating into a gain of HK$361.5 per lot of 50 shares.
Beijing 51WORLD Digital Twin Technology (6651) jumped 29.9 percent on its first day, generating HK$204 million in turnover and a paper gain of HK$1,824 per lot of 200 shares. Prefabricated steel building services provider USAS Building System (Shanghai) (2671) climbed 7.6 percent, with investors earning HK$162 per lot of 300 shares.
Gains were more modest for home robotics systems provider OneRobotics (Shenzhen) (6600), which edged up 0.1 percent on turnover of HK$338 million, translating into a gain of about HK$5 per board lot. Shenzhen Xunce Technology (3317), a real-time data infrastructure and analytics solutions provider, rose 1 percent on HK$200 million in trading value, delivering a gain of roughly HK$50 per lot.
