Source: Tech – South China Morning PostShares of METiS TechBio surged 173 per cent on their Hong Kong debut on Wednesday as the AI-driven drug design start-up’s initial public offering drew strong demand from investors amid buoyant sentiment for AI-related stocks in the city.
Its stocks first traded at HK$28.68, significantly higher than its offering price of HK$10.50 each.
Co-founder and CEO of METiS TechBio, Lai Tsai-Ta, who obtained a PhD from the Massachusetts Institute of Technology in the US, said artificial intelligence had…Read More