HKG:7688

Shanghai Top Numerical Control Added to Hang Seng Composite Index

Shanghai Top Numerical Control Technology (HKG:7688) said its H-shares will be included in the Hang Seng Composite Index and the eligible stock list for Southbound Stock Connect from Monday, according to a Sept. 4 Hong Kong bourse filing.The inclusion will allow eligible mainland Chinese investors to invest in the company's Hong Kong-listed shares through the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs.

Top Numerical Control Bags 470 Million Yuan in H1 New Orders

Shanghai Top Numerical Control Technology (HKG:7688) said it secured about 470 million yuan in new contracts during the first six months of 2026, according to a Thursday Hong Kong bourse filing.The high-end intelligent manufacturing equipment firm attributed the increase primarily to aerospace-related projects.

Capital Securities Starts Shanghai Top Numerical Control Technology at Buy with HK$46 Price Target

Hong Kong Stocks Retreat; Top Numerical Control Rises as UISEE Slides in Debut

Hong Kong shares slid back into the red on Wednesday as investors tracked regional developments.The Hang Seng Index fell by 146.73 points, or 0.6%, to end at 25,651.12, while the Hang Seng China Enterprises Index decreased by 34.83 points, or 0.4%, to close at 8,605.13.Russian President Vladimir Putin is in China for a state visit to meet his counterpart Xi Jinping for talks on several issues, including energy exports via the long-delayed Power of Siberia 2 gas pipeline.Putin invited Xi to visit Russia in 2027, saying that the ties between their two countries were at "an unprecedented level."In local development, Hong Kong's seasonally adjusted unemployment rate stood at 3.7% for the February to April period, unchanged from January to March.In corporate news, market debutants moved in opposite directions on their first day of trading.Shanghai Top Numerical Control Technology (HKG:7688) had a stellar stock market debut as it closed at HK$47.50 per share, up 80% from its IPO price of HK$26.39.In contrast, UISEE Technologies (HKG:1511) finished at HK$57.50 per share, down 5% from its listing price of HK$60.30.

Shanghai Top Numerical Control Technology Jumps 40% in Hong Kong Trading Debut

Shanghai Top Numerical Control Technology's (HKG:7688) shares opened 40.2% above their initial public offering price in a strong Hong Kong debut on Wednesday morning.The China-based high-end intelligent manufacturing equipment company opened at HK$37.00 per share, compared with the offer price of HK$26.39.

Shanghai Top Numerical Control Nets HK$1.6 Billion Ahead of Hong Kong Debut

Shanghai Top Numerical Control Technology (HKG:7688) raised HK$1.61 billion in net proceeds from its initial public offering in Hong Kong.The final offer price was set at HK$26.39 per H-share, according to a Tuesday after-market filing with the Hong Kong Stock Exchange.The China-based high-end intelligent manufacturing equipment company offered 65.3 million H-shares in the global offering.The Hong Kong public offer was 3,764.63 times subscribed, with a final allocation of 6.5 million shares, representing 10% of the total offering.The international offering was 30.46 times subscribed, with a final allocation of 58.8 million shares, or 90% of the total offering.An over-allocation of 9.8 million shares was made under the global offering.Cornerstone investors, including RBC Global Asset Management (Asia), 3W Fund Management, Boyu Capital Management, HHLR Advisors, and UBS Asset Management (Singapore), were allotted a combined 32.7 million shares, representing 50% of the global offering, according to the filing.Shanghai Top Numerical Control Technology is set to debut on the Hong Kong bourse on Wednesday, May 20.