Rigol Technologies climbs 5% in Hong Kong trade after listing slump

Rigol Technologies (537.HK) climbed 5.52% during regular trading to HK$24.96.

The stock has seen significant volatility since its Hong Kong listing, falling nearly 48% within the first two weeks and leaving cornerstone investors Hony Capital and Suzhou High-tech Zone with paper losses of approximately HK$81.2 million and HK$32.48 million, respectively.

The company's A-share market cap stands at around HK$8.4 billion, with an H/A share premium ratio of -46%.