First day of new stock | Rigol Technologies (00537) debuts on the market, opening 18.75% lower in the morning. The company is the largest electronic measurement instrument supplier in China.
Puyuan Jingdian (00537) debuts on the stock market. The announcement shows that the stock is priced at 45.98 Hong Kong dollars per share, with a total issuance of 24.8022 million shares, in lots of 100 shares each. The net proceeds are approximately 1.041 billion Hong Kong dollars. As of the time of writing, it has dropped by 18.75% to 37.36 Hong Kong dollars, with a trading volume of 441.837 million Hong Kong dollars.
Rigol Technologies (00537) makes its debut on the stock market, with an announcement indicating a pricing of 45.98 Hong Kong dollars per share. A total of 24.8022 million shares were issued in lots of 100 shares each, resulting in net proceeds of approximately 1.041 billion Hong Kong dollars. As of the time of writing, the stock has dropped by 18.75% to 37.36 Hong Kong dollars, with a trading volume of 44.1837 million Hong Kong dollars.
Public information reveals that Rigol Technologies is a Chinese electronic measuring instrument company with advanced technological capabilities and a global presence. The company designs, develops, manufactures, and delivers comprehensive electronic measuring instruments and solutions, in support of scientific exploration and industry innovation. With the "RIGOL" brand, the company serves over 100,000 end customers in more than 90 countries and regions, addressing complex testing challenges in various industries such as communications, new energy, semiconductors, and education and research.
According to Frost & Sullivan data, Rigol Technologies is the largest electronic measuring instrument supplier in China and is ranked eighth globally by 2025 revenue, with a market share of 1.2%. Additionally, in the Chinese electronic measuring instrument market, the company is ranked sixth by 2025 revenue, holding a market share of 1.9%.
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