Brief News: ABLE DIGITAL's Hong Kong stock debut surges
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ABLE DIGITAL Technology Co., Ltd. went public in Hong Kong, with its stock price soaring. The company issued 6.67 million shares at HKD 67.50 per share, raising HKD 450 million. The stock opened high, with an increase of 26.2%, reaching HKD 85.2. The Hong Kong public offering was oversubscribed by 4,000 times, and the international placement was oversubscribed by 1.3 times. The funds raised will be used for research and development and to enhance customer service. Revenue grew by 14% in the first half of 2025, while losses widened
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