02698 Overview

Stock Performance: SOFTCARE (02698.HK) debuted at $34.98, a 33.5% increase from its listing price of $26.2, and closed at $33, up 26% from the listing price.

Trading Volume: The stock saw a trading volume of 42.61 million shares and a turnover of $1.48 billion, with a book gain of $1,360 per board lot of 200 shares.

SOFTCARE Debut Performance: SOFTCARE (02698.HK) opened at $34.98, a 33.5% increase from its listing price of $26.2, and closed midday at $34.46, up 31.5%.

Trading Volume and Turnover: The stock saw a trading volume of 32.11 million shares and a turnover of $1.12 billion during its debut.

Market Performance: Hong Kong stocks opened higher as the HSI rose by 119 points to 26,361, with a turnover of approximately $72.7 billion, driven by strong performances from new consumer stocks.

Top Gainers: POP MART led the market with a 5.66% increase, while other notable gainers included LAOPU GOLD and MIXUE GROUP, which also saw significant rises in their stock prices.

IPO Activity: The newly listed SOFTCARE opened 33.5% higher than its listing price, indicating strong investor interest, while the IPO SERES managed to halt its decline with a slight increase.

Economic Indicators: China's exports for October showed a decline of 1.1% year-on-year, significantly lower than the previous value of 8.3% and below the forecast of 3%.

Market Opening: The HSI, HSCEI, and HSTECH opened higher, with increases of 0.3% and 0.4%, reflecting a positive start in the Hong Kong stock market.

Chip Stocks Performance: SMIC and HUA HONG SEMI saw slight gains despite significant short selling, while US memory chip price increases positively impacted Nasdaq futures.

Tech Stocks Movement: Major tech companies like Alibaba and Tencent experienced modest gains, while others like Xiaomi and JD showed little change, indicating mixed performance in the tech sector.

Other Notable Stocks: Pop Mart surged by 6.2%, while 3SBIO faced a significant drop of 4.2%, highlighting volatility in various sectors, including retail and pharmaceuticals.

Stock Performance: SOFTCARE (02698.HK) closed at $35.6 in the gray market, reflecting a 35.9% increase from its listing price of $26.2.

Market Debut: On its debut, the stock opened at $34.98, which is a 33.5% rise from the listing price, with 16.39 million shares traded at market open.