<div id="readability-page-1">Hong Kong stocks opened lower with the Hang Seng Index down 0.48% and the Hang Seng Tech Index down 0.88%. According to Jin10, new stock Yifei Technology (06871.HK) saw a significant rise on its first day of trading, opening up 79.18%. During the public offering phase, the company was oversubscribed nearly 15,000 times, with each share priced at HKD 30.5. In after-hours trading, the stock closed up nearly 80%.</div>

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<p>Hong Kong stocks opened lower with the Hang Seng Index down 0.48% and the Hang Seng Tech Index down 0.88%. According to Jin10, new stock Yifei Technologysaw a significant rise on its first day of trading, opening up 79.18%. During the public offering phase, the company was oversubscribed nearly 15,000 times, with each share priced at HKD 30.5. In after-hours trading, the stock closed up nearly 80%.</p>

Hong Kong Stocks Open Lower; Yifei Technology Surges on Debut