Loss-making biotech stock Hua Jian Future (6132) fell 56.9% to close at its intraday low of HK$35.26 on its first day of trading after listing, according to Ming Pao.
The shares opened at HK$81.8, flat versus the IPO price, before the decline widened rapidly. Turnover was 8.2506 million shares with value traded of HK$602 million. The stock was described as the worst first-day performer among new listings since at least 2024.
STOCKS | Hua Jian Future Slumps 56.9% on Debut After Listing at IPO Price
2026-06-24 06:12:13
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