Hunan Huitong Advanced Material debuts on Beijing Stock Exchange, rose 35%.

Jul 17, 2023 (China Knowledge) -

Hunan Huitong Advanced Material (833751) opened at RMB 8.1 on its first-day trading on the Beijing Stock Exchange, an increase of 39.66% from its IPO price of RMB 5.8.

The shares price ended the day at RMB 7.81, soaring 34.66% from its issue price. Its intraday high and low were RMB 9.35 and RMB 7.80, respectively. With a turnover of RMB 170 mln (USD 23.70 mln), Hunan Huitong Advanced Material ends the day with a total market capitalization of RMB 656 mln (USD 91.46 mln).

Hunan Huitong Advanced Material is the leading manufacturer of metal fiber and products in technology and scale in...

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