PATEO (02889.HK) Sees 53.6% Surge, Closing at $157 After IPO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 30 2025
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Source: aastocks
PATEO's Debut Performance: PATEO (02889.HK) opened at $135, a 32.1% increase from its listing price of $102.23, and closed at $157, marking a 53.6% gain on its first day of trading.
Trading Volume and Gains: The stock saw a trading volume of 1.64 million shares, resulting in a turnover of $225.38 million, with a book gain of $1,095.4 per board lot of 20 shares.
Analyst Views on 02889
Wall Street analysts forecast 02889 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 02889 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: 222.400
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Current: 222.400
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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.
