---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/40307484.md"
description: "$NUOBIKAN(02635.HK) The 25 yuan mark is about to break, now at 25.02, three times the issue price. Compared to its historical high, it has already dropped 70%.This is the Hong Kong stock market in 2026, with new listings coming in like dumplings dropped into boiling water, a market frenzied with speculation on new issues. Will the AI bubble burst?0941Will Nobik fall back to near its issue price? Long-term observation 0944As expected, there's also $ZHIDA TECH(02650.HK), which has already fallen 65% from its issue price."
datetime: "2026-04-30T01:44:25.000Z"
locales:
  - [en](https://longbridge.com/en/topics/40307484.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/40307484.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/40307484.md)
author: "[蔡徐kun](https://longbridge.com/en/profiles/20647135.md)"
---

# $NUOBIKAN(02635.HK) The 25 yuan mark is about to b…


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## Comments (1)

- **铭启鸿运 · 2026-04-30T02:14:41.000Z**: New low, damn it