--- title: "Understanding the Market | GOLDEN LEAF INT fell nearly 17% again, with its stock price hitting a new low since its listing and dropping below the issue price" description: "GOLDEN LEAF INT fell nearly 17% again, reaching a low of HKD 0.49, a new low since its listing, and falling below the issue price of HKD 0.5. As of the time of writing, it has dropped 16.95%, trading " type: "news" locale: "en" url: "https://longbridge.com/en/news/261994909.md" published_at: "2025-10-21T07:27:03.000Z" --- # Understanding the Market | GOLDEN LEAF INT fell nearly 17% again, with its stock price hitting a new low since its listing and dropping below the issue price > GOLDEN LEAF INT fell nearly 17% again, reaching a low of HKD 0.49, a new low since its listing, and falling below the issue price of HKD 0.5. As of the time of writing, it has dropped 16.95%, trading at HKD 0.49, with a transaction volume of HKD 20.5641 million. In terms of news, GOLDEN LEAF INT debuted on the GEM (Growth Enterprise Market) of the Hong Kong stock market on October 10, with an oversubscription rate of over 11,500 times in the public offering, becoming the first "ten-thousand times subscribed stock" in Hong Kong stock history. Notably, the stock price surged 330% on its first day of listing, with prior dark market trading peaking at a 900% increase. The prospectus shows that the company is a well-established contractor engaged in electromechanical engineering in Hong Kong, focusing on the supply, installation, and maintenance of HVAC, electrical, and water supply systems, primarily undertaking private projects and serving as the main contractor. Its annual revenue exceeds HKD 100 million, with annual profits only in the tens of millions of HKD. The company expects a significant decrease in net profit for the fiscal year 2025/26 compared to 2024/25, mainly due to increased listing expenses According to Zhitong Finance APP, GOLDEN LEAF INT (08549) has fallen nearly 17%, reaching a new low of HKD 0.49 since its listing, and has dropped below the issue price of HKD 0.5. As of the time of writing, it has decreased by 16.95%, priced at HKD 0.49, with a trading volume of HKD 20.5641 million. In terms of news, GOLDEN LEAF INT debuted on the GEM (Growth Enterprise Market) of the Hong Kong stock market on October 10, with an oversubscription ratio of over 11,500 times in the public offering, becoming the first "ten-thousand times subscribed stock" in Hong Kong stock history. Notably, the stock price surged 330% on its first day of listing, with prior dark market trading peaking at a 900% increase. The prospectus shows that the company is a well-established contractor engaged in electromechanical engineering in Hong Kong, focusing on the supply, installation, and maintenance of HVAC, electrical, and water supply systems, primarily undertaking private projects and serving as the main contractor. Its annual revenue exceeds HKD 100 million, with annual profits only in the tens of millions of HKD. The company expects a significant decrease in net profit for the fiscal year 2025/26 compared to 2024/25, mainly due to increased listing expenses ### Related Stocks - [08549.HK - GOLDEN LEAF INT](https://longbridge.com/en/quote/08549.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 阿达尼企业通过合资企业 AdaniConneX 在纳维孟买成立电力分销公司 | 阿达尼企业通过合资公司 AdaniConneX 在纳维孟买成立电力分配公司 | [Link](https://longbridge.com/en/news/275910361.md) | | 拉森和图博执行证券购买协议以出售纳巴电力 | 拉森与图博有限公司：执行证券购买协议以出售纳巴电力，出售对价为 366.1 亿印度卢比，出售纳巴电力有限公司给托伦特电力 | [Link](https://longbridge.com/en/news/276036288.md) | | Nama Chemicals 表示 Jubail Chemical Industries Co 的电力服务已恢复连接 | Nama Chemicals Company SJSC : NAMA CHEMICALS - 朱拜尔化工公司电力服务重新连接 | [Link](https://longbridge.com/en/news/275997248.md) | | 早盘趋势｜华能国际电力缩量调整，弱势格局能否打破？ | 华能国际电力（902.HK）1 月 30 日盘面表现低迷，成交量较上周大幅缩减。自去年底以来，电力板块因缺乏明确方向和政策驱动，交易人气降温。当前政策层面对能耗与行业监管言论趋于温和，叠加龙头股业绩期尚未到来，机构席位进入等待期。昨日股价维 | [Link](https://longbridge.com/en/news/274287528.md) | | Kontrolmatik 称其已与 TEIAŞ签署合同 | Kontrolmatik Teknoloji Enerji ve Muhendislik：KONTROLMATIK - 于 2026 年 2 月 16 日与土耳其电力传输公司（TEİAŞ）签署合同。KONTROLMATIK - 此合同与 T | [Link](https://longbridge.com/en/news/276063472.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.