[ET Net News Agency, 22 October 2025] Shares of FIBOCOM (00638) closed at HK$18.98 in
its first trading day, or 11.7% lower than its offer price of HK$21.5. The stock saw 31.77
million shares change hands, with a total turnover of HK$645.68m.
Excluding the transaction costs, investors lost HK$504 for each board lot of 200 shares.
The stock opened at HK$21.5, unchanged from its offer price, with the lowest and highest
trading prices of HK$18.89 and HK$21.6 respectively.
The company has A-shares listed before. A-shares of FIBOCOM (SZ:300638) closed at
RMB27.57, down RMB2.36 or 7.9%. It saw 42.89 million shares change hands, with a total
turnover of RMB1.22b. A-shares of FIBOCOM has premium of 59.1% over H-shares. (ed)