---
title: "Huajian Future-B climbs more than 6% after hitting record low on debut day rebound"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290659883.md"
description: "6132.HK rose 6% intraday to HK$37.42 after falling below HK$32 on debut day, recovering from 57% loss from IPO price of HK$81.80."
datetime: "2026-06-24T07:41:15.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290659883.md)
  - [en](https://longbridge.com/en/news/290659883.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290659883.md)
---

# Huajian Future-B climbs more than 6% after hitting record low on debut day rebound

6132.HK climbed more than **6%** during regular trading to **HK$37.42**.

The biotech firm, which first listed yesterday at **HK$81.80**, saw its shares plunge **56.9%** on the initial session and close at **HK$35.26**, making it among this year's worst performing debuts.

The stock touched a record low of **HK$32** before staging a recovery to a high of **HK$43.02**, registering an intraday range exceeding **34%**.

Huajian Future is a clinical-stage biotechnology company specializing in small-molecule drug development. Its pipeline includes HJ787, HJ178, and HJ891, none yet approved for commercial sales.

The company reported 2025 revenue of approximately **HK$12.98 million** with a net loss of about **HK$135 million**. The IPO attracted oversubscription exceeding **2,000 times**, though post-listing performance significantly missed expectations. Anchor investors Ruifeng Fund and Kaibo each committed **US$25 million** and now face floating losses exceeding tens of millions of dollars.

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