Biren Technology's grey market trading closed up 79%, set to list on the Hong Kong Stock Exchange on January 2, 2026
2025-12-31 / Read about 0 minute
Author:小编   

On December 31, Biren Technology's grey market trading closed at RMB 35.22, up approximately 79.69% from the issue price, with 19.8 million shares traded, involving RMB 683 million. As the largest IPO in terms of fundraising since the implementation of Chapter 18C of the Hong Kong Stock Exchange's listing rules, and the first new stock to be listed on the Hong Kong Stock Exchange in 2026, Biren Technology will officially be listed on the Main Board of the Hong Kong Stock Exchange on January 2, 2026. Market news indicates that its public offering was oversubscribed by approximately 2,363 times, involving funds of approximately HK$579.6 billion, attracting a total of 476,000 participants in the subscription.