Ligent Technologies shares surged nearly 19% in their Hong Kong debut after the Chinese fibre-optic communications equipment maker raised HK$5.67 billion through its IPO. The stock opened above its offer price and gained further before paring back some gains. Strong retail and institutional demand drove the closely watched listing debut.
Ligent Technologies shares surged nearly 19% in their Hong Kong debut after the Chinese fibre-optic communications equipment maker raised HK$5.67 billion through its IPO. The stock opened above its offer price and gained further before paring back some gains. Strong retail and institutional demand drove the closely watched listing debut.
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