Steven Lam Hoi-yuen, executive director and co-chief executive officer of GOGOX, hits a gong at the company’s IPO launch on the Hong Kong Stock Exchange. Photo: Dickson Lee
GogoX slumps in trading debut as Hong Kong’s first unicorn marks the return of IPO ceremonial gong since pandemic
- GogoX shares began trading at HK$21.60, compared with their IPO price of HK$21.50, before crashing 22 per cent at the close
- The logistics company raised about HK$671 million in gross proceeds, before an overallotment of 4.68 million shares
Steven Lam Hoi-yuen, executive director and co-chief executive officer of GOGOX, hits a gong at the company’s IPO launch on the Hong Kong Stock Exchange. Photo: Dickson Lee
