HK Stock Market Move | EXTREME VISION (06636) rose over 30% to hit a new all-time high on the market. The company is a provider of AI calculator visual solutions.
Ultra Vision (06636) rose more than 30% this morning, reaching a high of 111.9 Hong Kong dollars, breaking the new high of the listing price, and rising nearly 1.8 times compared to the IPO price of 40 Hong Kong dollars.
EXTREME VISION (06636) rose over 30% this morning, reaching a high of HK$111.9, setting a new record high since its listing, nearly 1.8 times higher than its IPO price of HK$40. As of the time of writing, the stock is up 21.2% at HK$100.6, with a trading volume of HK$1.51 billion, giving it a market value of over HK$11 billion.
EXTREME VISION is a provider of AI-based computer vision solutions, offering end-to-end enterprise solutions for businesses in various industries, covering development, deployment, and management. According to Frost & Sullivan, the company ranks eighth in the emerging computer vision solutions market in China based on revenue projections for 2024. The market response for EXTREME VISION has been strong, with 159,089 individual applications for shares in Hong Kong's public offering, which was oversubscribed 4591.37 times.
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