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Fourier Debuts on HKEX: Stock Soars 112.63% at Opening, Public Offering Oversubscribed Over 3,100 Times
2 day ago /
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Author：小编
On March 31, Fourier, a Chinese company specializing in the supply of power amplifier audio chips and haptic feedback chips, made its official debut on the Hong Kong Stock Exchange (HKEX). The stock delivered an outstanding performance on its first trading day, opening at HK$85.05 per share. This represented a substantial increase of 112.63% compared to its offer price of HK$40 per share. By 11:42 a.m., the share price had settled at HK$79.8, still marking an impressive gain of 99.5%, effectively nearly doubling in value.
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