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TOPNC (07688.HK) Opens Up 40%+; 1-Lot Success Rate 8%
2026-05-20 09:26:24
TOPNC (07688.HK), described by Chinese media as Hong Kong's "first commercial aerospace stock", debuted today (20th). The stock opened at HKD37, up 40.2% from its IPO price of HKD26.39. Based on a board lot of 100 shares, investors could gain HKD1,061 per lot before transaction costs.

The public offering recorded nearly 3,764x oversubscription, with one-lot success rate of 8%. The IPO price was HKD26.39 per share, with net proceeds of approximately HKD1.6 billion.
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