[ET Net News Agency, 24 April 2024] Shares of MOBVOI (02438) opened at HK$2.98 in its
first trading day, or 21.6% lower than its offer price of HK$3.8.
The stock's IPO was 116.39 times oversubscribed, with a board-lot winning rate of
25.01%. One lot was distributed for subscription of 8 lots.The price is based on the close
to the lower limit level of the offer price ranging from HK$3.70 to HK$4.10. (ed)