Manycore Tech Shares Surge Over 140% Post‑IPO

Manycore Tech’s shares surged over 140% from IPO price, reaching HK$29.8, extending a 100%+ first‑day rally.
The company raised roughly HK$1.2 billion ($160 million) in the Hong Kong IPO, one of the year’s strongest tech listings.
Manycore develops AI‑powered spatial design platform Kujiale, positioning it as a key player in China’s emerging spatial intelligence market.
Investor appetite for AI‑linked firms remains robust, fueling continued strong performance of recent Hong Kong tech listings.