Understanding the Market | Fibocom's share price fell by more than 8% on its first day of listing, the company is a leading enterprise in the wireless communication module field
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Fibocom debuted today, with the stock price opening flat in the morning before fluctuating lower, expanding its decline to over 8%. As of the time of writing, it has dropped 8.65%, trading at HKD 19.64, with a transaction volume of HKD 396 million. The company is a leader in the wireless communication module sector, with operating revenue of 3.707 billion yuan in the first half of 2025, a year-on-year decrease of 9.02%. Haitong International pointed out that the company's AI edge deployment has entered the industrial implementation stage, planning to raise funds for AI modules and robotics, among other directions
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