FS.COM surged 13.4pc in Hong Kong debut, followed by Nsing Technologies

High-performance network products and solutions provider FS.COM rose 13.4 percent and integrated circuits and chips designer Nsing Technologies rose 4.2 percent on their Hong Kong trading debuts on Monday.

FS.COM closed at HK$47 on its first trading day, its IPO price was at HK$41.6. Each lot of 100 shares profiting HK$1,440. 

The company's retail portion of the offering was 1,578 times oversubscribed and the international tranche 9.92 times.

While Nsing Technologies closed at HK$11.25 and its IPO was at HK$10.8. Each lot of 200 shares would yield a profit of HK$700.

Its retail tranche of the offering was 130.83 times oversubscribed and the international tranche 1.51 times.

Gloria Leung