PATEO (02889.HK) Soars 32.1% to $135 on First Day of Trading
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 30 2025
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Source: aastocks
PATEO Stock Performance: PATEO (02889.HK) closed at $132.6 in the gray market, reflecting a 34.3% increase from its listing price of $102.23, and opened at $135 on its debut, marking a 32.1% rise.
Trading Volume: At market open, 826,580 shares of PATEO were traded, indicating strong investor interest.
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.
