New Stock First Day | Cofoe Medical Technology (01187) First Listed on Market with a 1.3% Opening Rise in Morning Trading. The company is ranked second among domestic household medical equipment companies.

09:22 06/05/2026

Kafu Medical (01187) made its debut on the stock market, with each share priced at HK$39.33. A total of 27 million shares were issued, with each lot consisting of 100 shares, raising a net amount of approximately HK$1.007 billion. As of the time of writing, the stock has increased by 1.3% to HK$39.84, with a trading volume of HK$126 million.

Cofoe Medical Technology (01187) made its debut on the market, with an offering price of HK$39.33 per share. A total of 27 million shares were issued, with a net proceeds of approximately HK$1.07 billion. As of the time of writing, the stock rose by 1.3% to HK$39.84, with a trading volume of HK$1.26 billion. Public data shows that Cofoe Medical Technology is a Chinese home medical device company. Since its establishment in 2007, the company has been focusing on the home medical device industry, dedicated to providing convenient solutions for consumers and patients who pursue high-quality and advanced home medical devices. According to Frost & Sullivan data, based on 2024 domestic revenue, the company ranks second among all home medical device companies in China, with a market share of 2.1%. Furthermore, the Shanghai and Shenzhen stock exchanges announced that, according to relevant regulations, as Cofoe Medical Technology has been listed on the Hong Kong Stock Exchange for more than 10 trading days without the application of a price stabilisation period mechanism, it will be included in the list of eligible securities for the Shanghai-Hong Kong Stock Connect program, effective from May 6, 2026.

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