Shenzhen Camsense soars in Hong Kong debut, outpacing key index

By Reuters News

** Shares of Shenzhen Camsense Technologies 6802.HK soar as much as 231.4% from the offer price to HK$195 in its Hong Kong debut, outpacing a 0.1% gain in the benchmark Hang Seng Index .HSI

** Stock last traded at HK$168.2, still up 185.8% from the offer price of HK$58.85 apiece

** China-based developer of spatial sensing products for use in robotic vacuums sold 11.59 million shares in global offering, raising HK$682 million ($86.93 million) to enhance R&D and manufacturing capabilities, among others

** Hong Kong public offering portion was 3,546.91 times subscribed, while international offering portion was 5.53 times subscribed

** YTD, Hang Seng TECH Index .HSTECH down 23.1%, Hang Seng Index .HSI down 4.3%

($1 = 7.8456 Hong Kong dollars)

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