Oriental Kmai surges in Hong Kong trading on first-day listing
Oriental Kmai (1770.HK) surged during regular trading to HK$78.450 on its debut listing. The stock opened at HK$78.64, the lower end of its final offer price range.
The Hong Kong public offering was oversubscribed more than 1,066 times, while international allocation also saw strong demand. Shares experienced rapid rises and declines amid early-stage capital competition following the IPO.
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