BUSYMING (01768.HK) Soars 88.1% to $445 on First Day of Trading
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 10h ago
0mins
Source: aastocks
Stock Performance: BUSYMING (01768.HK) closed at $408 in the gray market, reflecting a 72.4% increase from its listing price of $236.6.
Market Debut: On its debut, the stock opened at $445, marking an 88.1% rise from the listing price, with 3.46 million shares traded at market open.
Analyst Views on 01768
Wall Street analysts forecast 01768 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 01768 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 236.600
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Current: 236.600
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
