Shenzhen HQVT Technology surge over three times on Hong Kong debut

Shenzhen HQVT Technology (1392) rose three times on its Hong Kong debut on Monday.

The multispectral AI technology company's shares skyrocketed by 302.8 percent to HK$29 at market open, compared to its offer price of HK$7.2. That translates to a paper gain of HK$10,900 per board lot of 500 shares.

Its shares rose 270 percent to HK$26.7 at market close, delivering a paper gain of HK$9,750 per board lot of 500 shares. Its retail tranche was oversubscribed by 7,180 times.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗧𝗵𝗲 𝗦𝘁𝗮𝗻𝗱𝗮𝗿𝗱 𝗔𝗽𝗽 ↓