Chongqing Sulian Plastic debuts on SZSE ChiNext Market, fell 15%.
Jun 28, 2023 (China Knowledge) - Chongqing Sulian Plastic (301397) opened at RMB 48.00 on its first-day trading on the Shenzhen ChiNext Market, a decrease of 9.89% from its IPO price of RMB 53.27.
The shares price ended the day at RMB 45.14, dropping 15% from its issue price. Its intraday high and low were RMB 48.00 and RMB 44.86, respectively. With a turnover of RMB 442 mln (USD 61.02 mln), Chongqing Sulian Plastic ends the day with a total market capitalization of RMB 4.5 bln (USD 620 mln).
Chongqing Sulian Plastic principally engaged in providing automotive fuel...
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