Hong Kong financial daily; first-day close performance
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The Standard (first-day trading) · Hong Kong · 三家中国企业同日在港上市，港交所IPO复苏持续
Reports all three debuted strongly: Crealights (chip-interconnect) closed +44.7% at HK$165 vs HK$114 issue price; Alebund Pharmaceuticals closed +104%, doubling on debut; Baige Online Digital surged +369% to HK$73 from HK$15.60 issue, the standout IPO of the day. The combined outsized performance adds momentum to the HKEX revival thesis.
“Crealights +44.7%, Alebund +104%, Baige +369% on debut, three Hong Kong IPOs all rise strongly in first-day trade.”