Stock Track | Guming Plummets 6.04% After Lackluster Hong Kong Trading Debut

Stock Track

Feb 12, 2025

Shares of Chinese bubble tea maker Guming (01364.HK) plummeted 6.04% in the intraday session on Wednesday, following a disappointing performance on its Hong Kong trading debut earlier in the day.

The company's stock price rose just 0.6% in its initial public offering (IPO) on the Hong Kong Stock Exchange, despite Guming raising $232 million in the IPO. The lackluster debut trading performance likely led to investor disappointment, causing the stock to plummet throughout the day.

Guming's poor trading debut could be a reflection of investor concerns about the company's prospects or the overall market sentiment towards IPOs in the region. As a newly listed company, Guming will need to prove its growth potential and execution capabilities to regain investor confidence.

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The lackluster debut trading performance likely led to investor disappointment, causing the stock to plummet throughout the day.</p>\n\n<p>Guming's poor trading debut could be a reflection of investor concerns about the company's prospects or the overall market sentiment towards IPOs in the region. As a newly listed company, Guming will need to prove its growth potential and execution capabilities to regain investor confidence.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01364","symbol_name":"古茗","start_time":0,"source_url":"","article_id":"1189075397","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1189075397","pubTimestamp":1739337880,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Chinese bubble tea maker Guming  plummeted 6.04% in the intraday session on Wednesday, following a disappointing performance on its Hong Kong trading debut earlier in the day.The company's stock price rose just 0.6% in its initial public offering  on the Hong Kong Stock Exchange, despite Guming raising $232 million in the IPO. 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