Recent IPO QUANTUMPH-P (02228) fell over 4% in the morning, hitting a new low of 5.05 Hong Kong dollars, breaking the issue price of 5.28 Hong Kong dollars. As of the issue, it has fallen by 4.34%, to 5.07 Hong Kong dollars, with a turnover of 15.0651 million Hong Kong dollars.
According to the WiseNews app, recent IPO QUANTUMPH-P (02228) fell over 4% in the morning, hitting a new low of 5.05 Hong Kong dollars, breaking the issue price of 5.28 Hong Kong dollars. As of the issue, it has fallen by 4.34%, to 5.07 Hong Kong dollars, with a turnover of 15.0651 million Hong Kong dollars.
It is reported that QUANTUMPH-P (Crystal Technology) is an innovative R&D platform-based enterprise based on quantum physics, empowered by artificial intelligence and driven by robots. Its main business includes drug discovery solutions and intelligent automation solutions. Among them, drug discovery solutions can provide solutions for different modules spanning the entire process of drug discovery and research, while intelligent automation solutions mainly include solid-state research services and automated chemical synthesis services.
According to Frost Sullivan data, the company is one of a few drug and material science research and development companies in the world that possess both first-principles calculations based on quantum physics, artificial intelligence technology, and automation wet lab capabilities.