On the first day of the new stock, MyFoshi rose by more than 10%! The winning lot had a paper profit of HK$440

Vbrokers News 16/05/2024 09:45

According to Huasheng Information on May 16, the Hong Kong stock market of Maxfusi was listed today. As of press time, it has risen by more than 10% to HK$48 per share. The winning lot of one lot has a paper profit of HK$440, and the latest total market value exceeds HK$11.2 billion. The stock was previously publicly offered with 5.95 times subscription, and the winning rate of one lot was 55%.

Market source: Huasheng Securities

The prospectus shows that according to Frost & Sullivan, MyFocus Management is China's largest marketing and sales SaaS solution provider with a market share of 2.6% in terms of revenue in 2022. MyFocus Management provides marketing and sales SaaS solutions through the Marketingforce platform, serving companies of all sizes with different needs, from content and experience, advertising and promotion, social and relationship, sales and pleasure, data and analysis to strategy and management.

Risk Warning: Investment involves risks. Securities prices may go up or down, and may even become valueless. Investment may not necessarily result in profits, but may incur losses. Past performance does not represent future performance. Before making any investment decision, investors should assess their own financial situation, investment objectives, experience, risk tolerance and understand the nature and risks of the relevant products. For details of the nature and risks of individual investment products, please read the relevant sales documents for more information. If you have any questions, you should seek independent professional advice.

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