KALUGA QUEEN (06715.HK)Rises 39.07% on Listing Day, Quoted at HK$105

NewTimeSpace News: Hangzhou Qiandaohu Xunlong Sci-tech Co., Ltd. (06715.HK) debuted on The Stock Exchange of Hong Kong Limited today. As of press time, its share price stood at HK$105, an increase of HK$29.50 or 39.07% compared with the final offer price of HK$75.50.
NewTimeSpace News: Hangzhou Qiandaohu Xunlong Sci-tech Co., Ltd. (06715.HK) was listed on HKEX on 30 June 2026. The final offer price was set at HK$75.50. As of press time, the stock traded at HK$105, surging HK$29.50, representing a gain of 39.07% versus the offer price.

Per the allotment results, the Company offered a total of 16,332,900 Global Offer Shares (prior to the exercise of the Over-allotment Option). The final number of Hong Kong Offer Shares amounted to 1,633,300, while the final International Offer Shares totalled 14,699,600.

Total gross proceeds from the offering stood at approximately HK$1.233 billion. After deducting all listing-related expenses, the net proceeds amounted to roughly HK$1.146 billion.

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