Manycore Tech extends rally, shares double in Hong Kong trading frenzy
The surge follows a strong debut last week, when the stock jumped more than 140% on its first day of trading.
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Manycore Tech jumps on Hong Kong debut after record IPO subscription
During over-the-counter (OTC) trading the day before the company went public, shares had already leaped 169.29% to HK$20.52, signaling strong pre-debut momentum.
Manycore IPO draws over 1,000x demand ahead of Hong Kong debut
The Hangzhou-based company’s public tranche was oversubscribed about 1,071 times, with total margin financing and subscriptions reaching HK$131.2 billion ($16.75 billion).
Manycore Tech starts share sale, eyes first global space-intelligence IPO
The offering marks Manycore as the first global space-intelligence company to go public and the first among Hangzhou’s so-called “Six Little Dragons” to hit the capital markets.
Manycore Tech clears HK IPO hearing, eyes debut as ‘spatial intelligence’ pioneer
This latest development also positions Manycore Tech as potentially the first public company focused on spatial intelligence globally.