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Hong Kong stock market closed (07.03) | Hang Seng Index rose by 1.18%, technology stocks and mainland real estate stocks strengthened. China Tourism Group Duty Free Corporation (01880) rose sharply by 12%.
Hong Kong stocks opened high today, and near noon, the three major stock indexes quickly rose. Among them, the Hengkong Index performed the strongest, rising by 2.7% at one point during the session.
Gan Communications (02545.HK) closed at 0.72 yuan at noon in the new stock market, which is 42.4% lower than the listed price.
China Gan Communications (02545.HK) was listed for the first day, opening at HKD 0.76, 39.2% lower than its IPO price of HKD 1.25. The highest and lowest prices recorded were HKD 0.83 and HKD 0.71 respectively. The stock closed at HKD 0.72 by midday, down 42.4% from its IPO price, with a trading volume of 87.072 million shares and a turnover of HKD 68.2847 million.
Zhonggan Communication Raises HK$151 Million in Hong Kong IPO
Zhonggan Communication (Group) Holdings (HKG:2545) raised about HK$151.3 million in net proceeds from its Hong Kong initial public offering after pricing the shares at the upper limit of its indicativ
On the first day of the IPO, China Ganxin Communication opened at a low and had a total market value of HKD 486 million.
According to previous public information, during the public offering stage, Gan Communications received a total of 14,245 valid applications and accepted 12,665 applications. The percentage of H-shares allocated to first-hand applicants was approximately 70.01% of the total number of applications.
China Ganxin Communication (02545.HK) has set the Hong Kong IPO price at HKD 1.25 per share, raising a net of HKD 151 million.
On July 2nd, Gelunhui reported that Zhonggan Communication (02545.HK) had issued 160 million shares globally, with a sale price of HKD 1.25 per share and a net proceeds of HKD 151 million.
Dark pool intelligence: Zhonggan Communication fell by 35.2%, with a turnover of more than 4.9 million Hong Kong dollars.
Dark pool intelligence: Zhonggan Communication fell by 35.2%, with a turnover of more than 4.9 million Hong Kong dollars.
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