Medical device developer Star Sports Medicine jumps in Hong Kong debut

Chong Kin group

05/05/2026 03:14

** Shares of Star Sports Medicine 1609.HK jump 203.6% from their offer price to HK$299 in their Hong Kong debut, bucking a 1.4% fall in the Hang Seng Index .HSI

** Stock up 146.3% at HK$242.6 in early morning trade

** Stock is sixth-most actively traded stock by turnover on the Hong Kong bourse

** The China-based medical device company, which specialises in clinical sports medicine solutions, sold 8.4 million shares in global offering, raising HK$827.4 million ($105.62 million) to expand production capacity, R&D, and expanding sales and marketing team

** Hong Kong public offering was 7,823.13 times subscribed, international offering portion was 10.41 times subscribed

($1 = 7.8341 Hong Kong dollars)

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))