Hong Kong stock market abnormal performance | Daheng Technology (02543.HK) rose more than 14% in the afternoon, surpassing the initial public offering price by over 27%. The company ranks first in the folding bicycle industry in mainland China.

Zhitong Financial APP learned that after the listing of China Merchants Technology and Construction (02543.HK), it once broke below the issue price. Today, it hit a high of 63 Hong Kong dollars during trading, rising more than 27% compared to the IPO price of 49.5 Hong Kong dollars. As of the time of writing, it is up 13.36% at 62.35 Hong Kong dollars, with a trading volume of 143 million Hong Kong dollars.