The off-exchange trading soared 194.52%! Shougang Langze (02553.HK) will be listed tomorrow, opening up valuation space for the world's first ESG stock.

According to the Wisdom Financial APP, on June 2nd, Futu's gray market closed, and the hot new stock of the year, First Steel Langze (02553), made its debut with a performance far exceeding expectations. Prior to this, market views were divided, with some worrying about the concentration of winning stocks leading to pressure, while others were optimistic about its AI synthetic biology, CCUS exclusive qualifications, and the potential of the trillion-dollar SAF track. Amid the tug-of-war between bulls and bears, the stock saw frantic buying at the opening of the gray market, with the highest price reaching 43 Hong Kong dollars, a significant increase of 194.52% compared to the issue price of 14.6 Hong Kong dollars. It ultimately closed at 36 Hong Kong dollars, up 146.58%, with a trading volume of 194 million Hong Kong dollars.