Suzhou Longway Electronic Machinery debuts on SZSE ChiNext Market, rose 66%.

Jul 05, 2023 (China Knowledge) - Suzhou Longway Electronic Machinery (301202) opened at RMB 45.00 on its first-day trading on the Shenzhen ChiNext Market, an increase of 74.28% from its IPO price of RMB 25.82.

The shares price ended the day at RMB 42.93, soaring 66.27% from its issue price. Its intraday high and low were RMB 50.00 and RMB 42.90, respectively. With a turnover of RMB 1.09 bln (USD 150 mln), Suzhou Longway Electronic Machinery ends the day with a total market capitalization of RMB 5.86 bln (USD 810 mln).

Suzhou Longway Electronic Machinery is a manufacturer and wholesaler of computer peripheral...