SUNMI Technology Group Co., Ltd, a Business IoT (BIoT) leader, was officially listed on the Main Board of the Hong Kong Stock Exchange under stock code 06810.HK.

Inside the trading hall of the Hong Kong Stock Exchange, founder, chairman and CEO Jack Lin, together with the core management team, rang the ceremonial listing gong for the SUNMI Technology HKEX listing, marking the official entry of SUNMI Technology into the international capital market.

The SUNMI Hong Kong IPO oversubscribed more than 2,000 times, raising over HK$1 billion with an opening price of HK$97.5 per share, up 292.2% from the issue price, and a market capitalisation exceeding HK$40 billion on the first day of trading.

At the celebration dinner, founder Jack Lin shared about the SUNMI Technology HKEX listing,

“SUNMI’s journey to this point has been made possible by the opportunities of our era, the support of the government, the trust of investors and partners, and most importantly, the dedication of every SUNMI employee. The gong we rang today symbolises more than a corporate milestone, but a new beginning to build a new order of digital trust for merchants worldwide, where fairness empowers every business dream.”

As AI redefines global commerce, SUNMI will continue to lead the Business 4.0 era by connecting enterprises through IoT and empowering merchants’ decision making with AI Intelligence.

This is not only a technological endeavor, but also a commitment to commercial equality, enabling small- and medium-sized merchants to access the same intelligent capabilities as large enterprises, without needing to build their own algorithm teams.

Featured image edited by Fintech News Hong Kong based on image by SUNMI Technology