[ET Net News Agency, 6 November 2025] Shares of PONY-W (02026) opened at HK$124 in its
first trading day, or 10.8% lower than its offer price of HK$139.
The stock's IPO was 14.88 times oversubscribed, with a board-lot winning rate of 55%.
One lot was distributed for subscription of 300 lots. (ed)