# 02539.HK

‘Shared Massage-Chair’ IPO Collapses Within Two Months as Safety and Scale Doubts Emerge

LeMo Technology’s Hong Kong-listed shares halved within two months of its December 2025 IPO, tumbling to HK$18.84 on 6 February 2026 amid sharp intra-day sell-offs. Investor confidence soured after safety incidents, poor customer reviews and investigative reports that questioned the authenticity of the company’s claimed device deployments.