Hong Kong Stays Hot for Medical Equipment Maker Debut: ECM Watch
Shares of Star Sports Medicine Co. in their Hong Kong trading debut on Tuesday, extending a run of strong listings in the city in recent months as investors showed that appetite for Chinese stocks extends beyond companies linked to artificial intellgence.
The medical equipment maker’s stock jumped 117% in its Tuesday debut. The recent run of first-day pops included a 384% jump for optical-computing firm Lightelligence, while hardware and software firm Shanghai Sunmi Technology surged 298% in its debut.