---
title: "New Stock Listing | 5 Stocks Debut, RECONOVA Closes Down 3%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292037581.md"
description: "The first-day listing performance of 5 new stocks varied. RECONOVA fell by 3.05%; BASICSEMI rose by 5.06%; EACON rose by 9.99%; MOMENTA closed flat; BAOGAI rose by 3.38%. The net fundraising amounts and oversubscription multiples of each stock differed, with the winning rate ranging from 0.17% to 10%"
datetime: "2026-07-08T08:40:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292037581.md)
  - [en](https://longbridge.com/en/news/292037581.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292037581.md)
---

# New Stock Listing | 5 Stocks Debut, RECONOVA Closes Down 3%

Five new stocks debuted today, with varying performances.

Visual intelligence AI company RECONOVA (07656) dropped to a low of HKD 15.6, down 27.98% from the offering price of HKD 21.66; it closed at HKD 21, down 3.05%. One lot of 200 shares results in a paper loss of HKD 132.

Silicon carbide power device manufacturer BASICSEMI (09971) reached a high of HKD 37.38, up 18.22% from the offering price of HKD 31.62; it closed at HKD 33.22, up 5.06%. One lot of 200 shares results in a paper gain of HKD 320.

Autonomous driving system developer EACON (07687) peaked at HKD 101.2, up 15.1% from the offering price of HKD 87.92; it closed at HKD 96.7, up 9.99%. One lot of 50 shares results in a paper gain of HKD 439.

Autonomous driving company MOMENTA (06880) reached a high of HKD 314.8, up 6.5% from the offering price of HKD 295.6, closing flat.

The second GEM stock in Hong Kong this year, BAOGAI (08090), peaked at HKD 7, up 12.54% from the offering price of HKD 6.22; it closed at HKD 6.43, up 3.38%. One lot of 500 shares results in a paper gain of HKD 105.

RECONOVA raised a net amount of approximately HKD 529 million, with the public offering oversubscribed by 3645.06 times, and a one lot winning rate of 3%. BASICSEMI raised a net amount of approximately HKD 766 million, with the public offering oversubscribed by 4811.72 times, and a one lot winning rate of 0.17%.

EACON raised a net amount of approximately HKD 2.175 billion, with the public offering oversubscribed by 156.82 times, and a one lot winning rate of 10%. MOMENTA raised a net amount of approximately HKD 5.656 billion, with the public offering oversubscribed by 412.63 times, with a one lot of 20 shares and a winning rate of 5%.

BAOGAI raised a net amount of approximately HKD 69.4 million, with the public offering oversubscribed by 3014.69 times, and a one lot winning rate of 0.5%

### Related Stocks

- [06880.HK](https://longbridge.com/en/quote/06880.HK.md)
- [07687.HK](https://longbridge.com/en/quote/07687.HK.md)
- [08090.HK](https://longbridge.com/en/quote/08090.HK.md)
- [07656.HK](https://longbridge.com/en/quote/07656.HK.md)
- [09971.HK](https://longbridge.com/en/quote/09971.HK.md)

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- [NIO Capital-backed Momenta lists in Hong Kong under](https://longbridge.com/en/news/292463659.md)
- [Chinese robotaxi firm Momenta prices Hong Kong listing at top end, seeks to raise $751 million](https://longbridge.com/en/news/291957811.md)
- [Momenta makes public debut in Hong Kong, puts physical AI in spotlight](https://longbridge.com/en/news/292088574.md)
- [EACON Lists on HKEX, Accelerating Global Autonomous Mining Growth](https://longbridge.com/en/news/291996549.md)