$XUNLONG SCITECH(06715.HK) Why is no one posting their allotment slips for this stock on Longbridge?
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- 弓弓长丫
Posts$XUNLONG SCITECH(06715.HK) earn back the handling fee

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- 捌捌方來財
Posts$XUNLONG SCITECH(06715.HK) didn't get to eat caviar

- HHelius91
IPO Lucky Shot
Micron Tech - CCHB1990
Small-scale, in the middle of it

- 陆陆先的笔记
[HK IPO Subscription] Sturgeon Technology, the world's number one in caviar, is it worth subscribing?
Hello, I'm Lu Xian. I research the investment field and share overseas information. The previous post shared about Laifu Harmonic, and today let's look at a consumer company with a very rare business—Sturgeon Technology. The company sells caviar, and its brand is "Kaluga". It has maintained the number one global sales for 11 consecutive years. The focus is on its industry position, valuation, and biological asset accounting...


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- 真真灼财经
Ranked first in global sales for 11 consecutive years, Qiandao Lake Sturgeon Technology (06715.HK) sprints towards a Hong Kong listing
$XUNLONG SCITECH(06715.HK) (branded as "KALUGA QUEEN") is the world's largest caviar enterprise. Since its establishment in 2003, the company has successfully built a complete industrial chain covering sturgeon breeding and farming, caviar processing, sales, and brand marketing. Its flagship brand "KALUGA QUEEN" enjoys an extremely high reputation in the global market. It is not only the exclusive supplier for first-class cabins of international airlines such as Lufthansa, Singapore Airlines, and Cathay Pacific but also widely enters top global dining venues and Michelin-starred restaurants...
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Posts🎉【Hot New IPOs】Each Shows Their Strength! Which of These Seven Multi-Sector New IPOs Will Win the First-Day "Gain Champion"?
The recent Hong Kong stock IPO market has been exceptionally lively—covering multiple sectors from AI computing power, robotics black tech, insurtech, to biopharmaceuticals, and even caviar. Who can break through and lead the race first 🧐? Below, Hot Topic brings you to know these seven contenders, with a prize quiz at the end!
$LAIFUAL(03952.HK): A Chinese core component provider for robot precision transmission, ranking second in the industry with a 21.4% market share in harmonic reducer shipments in 2025. 2025 revenue was approximately RMB 261 million, a year-on-year increase of about 143%, with a gross profit margin of about 25.6%. After excluding non-recurring items such as changes in the book value of redeemable liabilities, the operating loss ratio narrowed, and profitability continues to improve.
$TH MEDICAL-B(02697.HK): Focuses on the R&D of percutaneous puncture and ablation surgical robots. Its core product, the puncture robot, has obtained Class III registration certificates from the NMPA for all four models. 2025 revenue was approximately RMB 12 million, with a gross profit margin maintained at about 76%; the company continues to invest in R&D to advance product commercialization and is not yet profitable.
$JIANGXI BIO(06915.HK): Jiangxi Biological is one of the few global anti-serum enterprises to achieve full industry chain integration, at the forefront of quality improvement and technological upgrading in the industry. Revenue over the past three years increased from approximately RMB 198 million to RMB 235 million, showing sustained and steady growth. The gross profit margin before fair value adjustment rose from 75.2% to 82.5%, and annual profit grew for three consecutive years to RMB 95 million.
$XUNLONG SCITECH(06715.HK): The world's largest caviar enterprise, the company has ranked first in global caviar sales for 11 consecutive years since 2015. Revenue over the past three years increased from approximately RMB 577 million to RMB 769 million, showing sustained and steady growth. The company's operating profitability is outstanding, with annual profit growing for three consecutive years.
$BAIGE DIGITAL(02672.HK): An insurtech company providing technology-enabled insurance intermediary services to scenario partners and insurance companies, with a core focus on distributing scenario insurance products to end policyholders. 2025 revenue was RMB 1.23 billion, with gross profit of RMB 103 million. Both revenue and gross profit have grown for three consecutive years. The company is still in a growth investment phase and is not yet profitable.
$ALEBUND-B(09637.HK): A biopharmaceutical company that has developed differentiated and effective therapies targeting the world's largest kidney disease indications. 2025 revenue was approximately RMB 31 million, a year-on-year increase of about 368%, with the gross profit margin improving to 44.0%. The company continues to increase R&D investment and is still in the R&D investment and commercialization ramp-up stage.
$CREALIGHTS(01191.HK): A provider of photoelectric interconnection products, offering optical modules, AOCs, and other products. Its photoelectric interconnection products are widely used in AI data centers to support high-speed, high-density, and high-energy-efficiency data transmission. Revenue over the past three years increased from approximately RMB 175 million to RMB 1.221 billion. The gross profit margin turned positive from negative in 2023 and stabilized at about 9%, with the profit structure continuously improving.
🎯 Prize Quiz | Which of the Seven New IPOs Can Lead the Race?
Among these seven hot new IPOs, whose explosive potential are you most bullish on?
How to Participate: Leave your prediction for the first-day gain champion + your reasoning in the comments section.
Reward: Users who successfully predict the result will receive 500 mission coins!
以下七只新股中,哪只股票上市首日的收盘涨幅最高?
来福谐波(3952.HK)28%真健康医疗-B(2697.HK)4%江西生物(6915.HK)2%鲟龙科技(6715.HK)7%白鸽在线(2672.HK)4%礼邦医药-B(9637.HK)8%海光芯正(1191.HK)48%Voting ended313 votesDid you subscribe to the new shares today? - OOwen 聊投资
Hong Kong IPO subscription on 6.22, another 4 companies are coming, Laifu Harmonic ~ Sturgeon Technology!
Last week's 6 stocks (Lingyi Zhizao ~ Zhongke Wenge) can be played together with today's 4 stocks, but last Thursday's 3 stocks (Haiguang ~ Libang) cannot; a decision needs to be made! Lifu Harmonic $LAIFUAL(03952.HK), standard robot components (harmonic reducer + joint module + robotic arm), revenue was 100 million in the past two years, changing to 260 million in '25, with the increase coming from reducers +50% and the official volume ramp-up of joints + new robotic arm business. Growth is consistent with the industry, the main focus for the downward trend in reducer prices is the second and third growth curves, but gross margin is not as good as peers...


