GroupCore Technology's Hong Kong public offering received 1591 times oversubscription, with the grey market surging 170%.

On the evening of April 16th, Manycore Tech, one of the "Hangzhou Six Dragons", announced the results of its placement. The public offering in Hong Kong was oversubscribed 1591 times, while the international offering was oversubscribed 14.46 times, fully reflecting the high recognition of the global capital market for Manycore Tech's technological strength and development prospects. On April 16th, Manycore Tech's Futu secondary market trading closed up 170% at 20.52 Hong Kong dollars, with a market value of nearly 35 billion Hong Kong dollars. The stock will officially debut on the Hong Kong Stock Exchange on April 17th, becoming the "world's first stock in global spatial intelligence."