From Startup Fortune · · 1m 10s
Amicro Jumps 83% in Hong Kong Debut
Retail buyers surge Amicro's Hong Kong stock 83% on debut.
In brief
Retail buyers surge Amicro's Hong Kong stock 83% on debut. Amicro Technology's shares rose 83% on first day of Hong Kong listing after retail investors dominated the order book. Originally reported by Startup Fortune.
Amicro stock surge
Amicro Technology rose 83% on first day of Hong Kong listing, trading at HK$13.62 after pricing at HK$9.90.
Retail dominance
Retail investors held 13.95 times the shares compared to institutions' 1.05 times coverage on debut day.
Share breakdown
12.5 million shares traded at HK$17.82 with HK$178.57 million turnover, raising HK$709.7 million.
Retail impact
Retail investors bought 3.58 million shares, representing 5% of the offering, at prices 80% above institutional expectations.
Company background
Amicro supplies chips for mobile robots, used by Xiaomi, SEB, and Anker, with a net loss of RMB155 million in 2025.
Xiaomi connection
Xiaomi indirectly owns 80% of a fund that holds 19.6% of Amicro, creating a strategic link.
Market reaction
Amicro's stock surged 83% on debut day, but institutions were lukewarm on the price, creating a volatile opening.
What matters most
Amicro Technology's shares rose 83% on first day of Hong Kong listing after retail investors dominated the order book.
