On December 20th, the Hong Kong stock "over-subscription king," Herbs Generation Group Holdings Limited (2593.HK), saw a significant drop on its second day of trading, falling below the IPO price of 3.75 HKD, dropping over 18% to 3.38 HKD, nearly 10% lower than the IPO price, with a Market Cap decreasing to 0.45 billion HKD. Founded by Hong Kong actress Guo Jinan's sister, Guo Zhiyin, Herbs Generation Group Holdings Limited, a supplier of health and beauty skincare products, debuted yesterday, briefly rising to 5.05 HKD, which was 34.7% higher than the offer price of 3.75 HKD. After that, the gain narrowed, and it eventually closed 10.4% higher at 4.14 HKD. On the first day of trading, an 800-share lot recorded a profit of 312 HKD. Notably, the allocation announcement indicated that the group received 6083.63 times subscription in the public offering, a subscription ratio second only to MOST KWAI CHUNG, which was listed in 2018. (Source:格隆汇)