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Hong Kong Stocks Gain for Third Consecutive Day Ahead of US Fed Rate Cuts
HK stocks closed (09.17) | The Hang Seng Index rose 1.37%, with strong performance in real estate stocks. Midea Group Co., Ltd. (00300) recorded a close with a nearly 8% increase.
The market is focusing on this week's Federal Reserve interest rate decision. The Hong Kong stock market opened low and rose throughout the day, with all three major indices rising more than 1%. The gains further expanded in the afternoon.
Midea Group Co., Ltd (000333.SZ): Listed on the Hong Kong Stock Exchange and commenced trading.
Midea Group Co., Ltd (000333.SZ) announced in a statement that, with the approval of the Hong Kong Stock Exchange, the company's issuance of approximately 5.66...
The closing price of midea group co., ltd (00300.HK) for the whole day is 59.1 yuan, 7.8% higher than the listing price.
Midea Group Co., Ltd (00300.HK) was listed on its first day with an opening price of HKD 59.2, higher than the listing price of HKD 54.8, an increase of 8%. The highest and lowest prices were HKD 60 and HKD 58 respectively, and the closing price was HKD 59.1, higher than the listing price of HKD 54.8, an increase of 7.8%. The total trading volume for the day was 65.1139 million shares, with a total investment of HKD 3.843 billion. Without considering transaction fees, with 100 shares per lot, the profit on the books was HKD 430.
"New Stock" Midea Group Co., Ltd. (00300.HK) closed at HKD 59.2 in half a day, 8% higher than the listing price.
Midea Group Co., Ltd (00300.HK) was listed on the first day, opening at 59.2 yuan, 8% higher than the listing price of 54.8 yuan. The highest/lowest prices reached 60/58 yuan respectively. The midday closing price was 59.2 yuan, 8% higher than the listing price of 54.8 yuan. The half-day trading volume was 46.556 million shares, involving 2.747 billion yuan.
The newly listed midea group co., ltd (00300.HK) surged by over 9% on its debut, Chen Yiting is confident in this year's new stock market.
Midea Group Co., Ltd. (00300.HK) was listed this morning with a stock price of 59.3 yuan, higher than the IPO price of 54.8 yuan, up 4.5 yuan or 8.2%, with a trading volume of 37.2 million shares, involving a capital of 2.194 billion yuan. The company's stock price rose as soon as the market opened, reaching a high of 60 yuan, a 9.5% increase over the offer price. In his speech at the listing ceremony, Chairman Fang Hongbo pointed out that this listing on the Hong Kong capital market will help accelerate the company's global layout. Charles Li, CEO of HKEX (00388.HK), attended the listing ceremony and stated that the listing of Midea Group reflects one of the five measures introduced by the China Securities Regulatory Commission earlier.
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