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On the evening of April 16, Manycore Tech, also known as Qunhe Technology and part of the esteemed "Hangzhou Six Unicorns" group, unveiled its allotment results. These results showed that its Hong Kong public offering witnessed an overwhelming response, being oversubscribed by a staggering 1,591 times. Meanwhile, its international offering also garnered significant interest, with subscriptions exceeding available shares by 14.46 times. On the same day, shares of Qunhe Technology experienced a remarkable surge in Futu's dark pool trading, closing up 170% at HK$20.52, and propelling the company's market capitalization to nearly HK$35 billion. The stock is set to make its official debut on the Hong Kong Stock Exchange on April 17, marking its historic entry as the "world's first spatial intelligence stock."
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