Cearstech Technology rises 78% from IPO price on first day of listing

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Summary

Cearstech Technology began trading on the KOSDAQ and rose sharply on its first day, gaining about 78% above its IPO price. The company opened even higher before easing slightly intraday. Cearstech positions itself as a digital healthcare software provider focused on wearable medical devices and AI-driven cardiac screening and inpatient monitoring services. The listing values the company at roughly 209 billion won after a 22.1 billion won offering.

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