HQVT(01392.HK) closed 270.83% higher, the Hang Seng Software & Services Sector saw divergent trends

NewTimeSpace News: Shenzhen HQVT Technology Co., Ltd. (01392.HK) commenced trading on the Hong Kong Stock Exchange on 22 June 2026. At market close, its share price stood at HK$26.70, up HK$19.50 or 270.83% compared with the offer price. The stock traded between an intraday high of HK$30 and a low of HK$25, with full-day turnover reaching HK$709 million and latest market capitalization amounting to HK$20.189 billion.

According to the prospectus, the Company set its final IPO offer price at HK$7.20 per share, with each trading lot consisting of 500 shares and a minimum admission fee of approximately HK$3,636.31 per lot. A total of 85.16 million shares were offered under the global offering, including 8.51 million Hong Kong public offer shares, raising gross proceeds of around HK$537 million.