Kale Environment Technology (Shanghai) debuts on Shenzhen Stock Exchange, rose 70%.

Sep 23, 2021 (China Knowledge) - Kale Environment Technology (Shanghai) (301070) opened at RMB 55.55 on its first day trading on the Shenzhen ChiNext Market, an increase of 102% from its IPO price of RMB 27.55.

The shares price ended the day at RMB 46.85, soaring 70% from its issue price. Its intraday high and low were RMB 55.55 and RMB 46.8, respectively. A total of 8.9 mln shares changed hands with a turnover of RMB 438.7 mln, and ending the day with a total market capitalization of RMB 3 bln.

Kale Environment Technology (Shanghai) produces and sells fans. The...

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