(June 30, 2025 - Hong Kong) IFBH Limited has started to be traded on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code "6603".
Shares of the Company were actively traded on the first day of listing, with an intraday high of HK$46.50 per Share and closed at HK$39.50 per Share, representing an increase of approximately 42.09% from the offer price of HK$27.80. Total trading volume was approximately 38.91 million shares today, representing an aggregate turnover of approximately HK$1.67 billion.
Commenting on the positive reaction of the market we will continue strengthen and expand our sourcing capabilities to scale our business; continue to invest in enhancing our development capabilities; solidify our market presence and penetration in China, extend our presence in Australia, the Americas and Southeast Asia; continue to invest in brand building to further enhance brand awareness; and pursue strategic alliances and acquisitions for business expansion, to drive further growth.
Looking forward, taking the listing as an opportunity, we will leverage on the global capital to further promote its business development, strive for outstanding performance, and give back to the shareholders, the society and the public.