[ET Net News Agency, 5 December 2025] Shares of XIAO NOODLES (02408) opened at HK$5 in
its first trading day, or 29% lower than its offer price of HK$7.04.
The stock's IPO was 424.97 times oversubscribed, with a board-lot winning rate of 2%.
One lot was distributed for subscription of 400 lots.The price is based on the upper limit
of the offer price ranging from HK$5.64 to HK$7.04. (ed)