--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/25039100.md" description: "$APT ELECTRONICS(02551.HK) In the history of IPOs in the Hong Kong stock market, has there ever been a case of oversubscription exceeding 1000 times without a first-day drop?The answer is yes. In July of this year, Yuanxu Technology was publicly subscribed 2480 times and dropped 39% on its first day of trading. However, there has not yet been a case of oversubscription exceeding 3000 times that resulted in a first-day drop. It is important to note that Yuanxu Technology is a small-cap stock on the Growth Enterprise Market.Will Jinko Electronics create a new historical record?" datetime: "2024-11-04T07:13:16.000Z" locales: - [en](https://longbridge.com/en/topics/25039100.md) - [zh-CN](https://longbridge.com/zh-CN/topics/25039100.md) - [zh-HK](https://longbridge.com/zh-HK/topics/25039100.md) author: "[Wealth By Relaxing](https://longbridge.com/en/profiles/8547308.md)" generator: "portal-rs" --- # $APT ELECTRONICS(02551.HK) In the history of IPOs … ### Related Stocks - [02551.HK](https://longbridge.com/en/quote/02551.HK.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**