On July 9th, seven IPOs collectively rang the bell at the Hong Kong Stock Exchange, including LUXSHARE ICT, Dtech, RIGOL, Sanhuan Group, QIYUNSHAN FOOD, LROBOT, and Dongfang Kema, setting a record for the highest number of IPOs in a single day at the Hong Kong Stock Exchange this year, with a total net fundraising exceeding HKD 38 billion. Among them, LUXSHARE ICT had an issue price of HKD 63.28 per share, raising approximately HKD 24.266 billion, breaking the fundraising record for Hong Kong IPOs since 2026. This issuance involved a total of 383.5 million shares, with a net fundraising amount of about HKD 24 billion.

However, on the first day of listing, the secondary market showed significant differentiation, with the stock prices of the seven companies fluctuating. The enthusiasm for public subscriptions before listing also varied greatly. Among them, QIYUNSHAN FOOD in the consumer sector performed the best, with an intraday increase of over 100%; RIGOL's stock price, on the other hand, fell by over 20% at one point; Dtech, a PCB concept stock, saw its public offering phase oversubscribed by more than 350 times, but its stock price still dropped by over 7% after listing.

Analysts at Everbright Securities believe that this year, market investment enthusiasm is high, coupled with policies continuously guiding mainland companies to list in Hong Kong and the Hong Kong Stock Exchange implementing multiple favorable reforms for the listing of sci-tech enterprises, the willingness of companies to apply for listing is continuously increasing, and it is expected that new stock supply will remain high in the second half of the year.

According to data from the Hong Kong Stock Exchange, as of now, the number of new companies listed in Hong Kong this year has exceeded 100. This not only confirms that global capital is accelerating its return to this international financial center but also highlights Hong Kong's unique core value as a hotbed for technology and various industry companies to go public. (By Zheng) Violators will be held legally accountable. Editor: Feng Chaonan Global Network 178365198560211[]//img.huanqiucdn.cn/dp/api/files/imageDir/4b26d8151f54c351cff04269d8f82dc2u1.png{"email":"fengchaonan@huanqiu.com","name":"Feng Chaonan"}