--- title: "ALSCO POOLING was oversubscribed by 5,296 times, and its debut plummeted by over 30%. The chairman stated that entering the international market is a new starting point" type: "News" locale: "en" url: "https://longbridge.com/en/news/278329327.md" description: "ALSCO POOLING (2649) experienced a sharp decline on its first day of trading, opening 31.8% lower than the issue price of HKD 11, dropping to as low as HKD 6, and ultimately closing at HKD 6.95, a decrease of 36.8%. The company's chairman stated that entering the international market is a new starting point, and they will focus on technological innovation and service quality. Another new stock, ZHAOWEI (2692), rose against the trend, closing at HKD 75.55, an increase of nearly 6%. Aeston (2715) opened flat but fell 14%, closing at HKD 13.21. All companies emphasized their commitment to seizing opportunities in globalization and technological innovation" datetime: "2026-03-09T05:03:47.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278329327.md) - [en](https://longbridge.com/en/news/278329327.md) - [zh-HK](https://longbridge.com/zh-HK/news/278329327.md) --- # ALSCO POOLING was oversubscribed by 5,296 times, and its debut plummeted by over 30%. The chairman stated that entering the international market is a new starting point Today, three new stocks are listed, among which the hard-to-get ALSCO POOLING (2649) plummeted, opening 31.8% lower than the listing price of HKD 11, at HKD 7.5, and once hitting a low of HKD 6, currently reported at HKD 6.95, down 36.8%, with a loss of HKD 2,025 for one lot of 500 shares. ALSCO POOLING's chairman Sun Yan'an stated that entering the international market will give the company a broader vision and bring profound responsibilities. As a new starting point, the company will adhere to the principles of honest service and creative management, focusing on technological innovation and improving service quality. The Hong Kong public offering of ALSCO POOLING was oversubscribed 5,296.2 times, and the international offering was oversubscribed 3.2 times, receiving 4,075 "top hammer fly" applications (subscription for 1.017 million shares), of which 1,043 applications or 25.6% were allocated 1 lot. ## ZHAOWEI: Seizing Opportunities in Artificial Intelligence and More Additionally, two "A first, then H" new stocks were listed on the same day, with ZHAOWEI (2692) opening high and rising against the market trend, currently reported at HKD 75.55, nearly 6% higher than the listing price of HKD 71.28, with a profit of HKD 427 for one lot of 100 shares. ZHAOWEI's chairman Li Haizhou indicated that listing in Hong Kong is a step towards globalization, injecting strong momentum, and the company will seize opportunities brought by the new energy, robotics, and artificial intelligence era, increasing R&D investment, adhering to global layout and long-term value, to provide solid returns to shareholders and society. The stock's Hong Kong public offering was oversubscribed 1,535.8 times, and the international offering was oversubscribed 12.4 times, with 3,000 lots drawn from Group A resulting in 1 lot, and "top hammer fly" allocated 4 to 5 lots. ## Aston Opened Flat This Morning, Half-Day Stock Price Dropped 14% Aston (2715) opened flat at the listing price of HKD 15.36, currently reported at HKD 13.21, down 14%, with a loss of HKD 430 for one lot of 200 shares. Aston's chairman Wu Bo stated that as a leading enterprise in China's industrial robotics, the company continues to innovate and develop, building robotic and intelligent manufacturing solutions, hoping to empower global users with new productive forces driven by AI and robotics. Hong Kong, as an international financial center, is an important hub connecting global capital and industrial resources. The company will leverage an efficient, standardized, and international platform to further deepen its global industrial layout. Standing at a new starting point, the company will continue to innovate, providing smarter, greener, and more efficient robotic automation solutions. The stock's Hong Kong public offering was oversubscribed 18.7 times, and the international offering was oversubscribed 2.3 times, with 25 lots drawn from Group A resulting in 1 lot, and "top hammer fly" allocated 1,313 lots ### Related Stocks - [02649.HK](https://longbridge.com/en/quote/02649.HK.md) - [02692.HK](https://longbridge.com/en/quote/02692.HK.md) ## Related News & Research - [Zhaowei Machinery's Q1 Slump, Puts Robotics Narrative Under Pressure](https://longbridge.com/en/news/285381014.md) - [Shenzhen Zhaowei Sets 2025 AGM to Vote on Capital, Share Repurchases and Governance Changes](https://longbridge.com/en/news/284254109.md) - [Figure AI had one of its robots race a human to sort packages. 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