30th September 2026 – (Hong Kong) Mainland robot-vacuum technology firm Shenzhen Camsense Technologies leapt nearly 185.5 per cent on its Hong Kong debut today, opening at HK$168 against an offer price of HK$58.85 and handing one-lot buyers a paper profit of HK$10,915 before fees.
Camsense, stock code 6802, sells into the sweeping-robot supply chain and listed after a ferocious retail scramble. Each board lot is 100 shares. At the open, the gap from the fixed offer price to HK$168 translated into that five-figure gain per lot, before brokerage and levies.
The grey market on Tuesday, 29th September, had already signalled the frenzy. Camsense closed the unofficial session at HK$169 — about 1.87 times the offer — leaving successful applicants sitting on roughly HK$11,000 of unrealised profit overnight before official trading began.
The group sold 11.5888 million shares in the global offering, of which 1.1589 million, or about 10 per cent, went into the Hong Kong public offer. About 157,000 people applied, oversubscribing that tranche by roughly 3,545.91 times. Among some 57,000 applicants who sought a single lot, only 1,143 received stock — an allotment rate of 2 per cent — and nobody was assured even one lot.
A further slice described as the large-ticket tranche covered 579,400 shares. Some 1,446 people applied; 893 were allotted 100 shares each, an allocation rate of just 0.01 per cent. The international offering was oversubscribed 4.53 times. Gross proceeds from the float were about HK$682 million.
Investors were also warned that shareholding is highly concentrated in a small number of holders, so even light turnover can push the price around sharply — a caution that sits alongside the scarce free float after such a tight public allotment. With only about one-tenth of the deal reserved for Hong Kong retail and a 2 per cent one-lot hit rate, most would-be buyers watched the open from the sidelines as those who did get stock banked an immediate multi-thousand-dollar mark-to-market win.
The jump from HK$58.85 to HK$168 on day one, after a grey-market print near HK$169, caps a subscription that drew more than 3,500 times cover on the public book and still left international demand more than fourfold. For the minority who cleared the 2 per cent one-lot ballot, the debut turned a roughly HK$5,885 outlay per board lot into a near-trebling before costs — the kind of first-day pop that thrives when float is thin and concentration risk is openly flagged.
