[ET Net News Agency, 10 June 2025] Shares of NEWTREND GROUP (02573) opened at HK$30.25
in its first trading day, or 60.1% higher than its offer price of HK$18.9.
The stock's IPO was 148.37 times oversubscribed, with a board-lot winning rate of 10%.
One lot was distributed for subscription of 600 lots.The price is based on the lower limit
of the offer price ranging from HK$18.90 to HK$20.90. (ed)