---
title: "Hong Kong Stocks Open Lower; Yifei Technology Surges on Debut"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286695070.md"
description: "Hong Kong stocks opened lower with the Hang Seng Index down 0.48% and the Hang Seng Tech Index down 0.88%. According to Jin10, new stock Yifei Technologysaw a significant rise on its first day of trading, opening up 79.18%. During the public offering phase, the company was oversubscribed nearly 15,000 times, with each share priced at HKD 30.5. In after-hours trading, the stock closed up nearly 80%."
datetime: "2026-05-18T01:22:12.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286695070.md)
  - [en](https://longbridge.com/en/news/286695070.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286695070.md)
---

# Hong Kong Stocks Open Lower; Yifei Technology Surges on Debut

Hong Kong stocks opened lower with the Hang Seng Index down 0.48% and the Hang Seng Tech Index down 0.88%. According to Jin10, new stock Yifei Technology (06871.HK) saw a significant rise on its first day of trading, opening up 79.18%. During the public offering phase, the company was oversubscribed nearly 15,000 times, with each share priced at HKD 30.5. In after-hours trading, the stock closed up nearly 80%.

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- [06871.HK](https://longbridge.com/en/quote/06871.HK.md)

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