HK Stock Market Move | GLOBAL NEW MAT (06616) rose more than 8% in the morning, the company successfully completed overseas public fundraising at the beginning of the year, and the core growth logic has not changed.

GLOBAL NEW MAT (06616) rose by over 8% in the morning, and as of the time of writing, it rose by 8.14% to HK$9.3, with a turnover of HK$26.0152 million. On the news front, GLOBAL NEW MAT announced that all the preconditions set out in the subscription agreement have been met, and the issuance of HK$1 billion convertible bonds was completed on January 6, 2026. The convertible bonds have been listed on the Vienna MTF operated by the Vienna Stock Exchange since January 6, 2026. The company has also obtained the approval of the Hong Kong Stock Exchange for the listing and trading of the convertible shares. Kim Yu Securities released a research report stating that the successful landing of overseas public fundraising at the beginning of the year confirms the logic endorsed by previous institutions, and also provides important capital support for GLOBAL NEW MAT's global development. The firm believes that the short-term stock price may fluctuate due to market sentiment, but the core growth logic remains unchanged - the continuous release of merger and integration synergies, steady consolidation of global leadership position, and ongoing realization of industry growth dividends. The company's current valuation is lower than the industry average, and is expected to further recover.