Zhejiang Meishuo Electric Technology debuts on SZSE ChiNext Market, rose 20%.
Jun 28, 2023 (China Knowledge) - Zhejiang Meishuo Electric Technology (301295) opened at RMB 42 on its first-day trading on the Shenzhen ChiNext Market, an increase of 12.30% from its IPO price of RMB 37.4.
The shares price ended the day at RMB 44.92, soaring 20% from its issue price. Its intraday high and low were RMB 49.00 and RMB 41.64, respectively. With a turnover of RMB 553 mln (USD 76.34 mln), Zhejiang Meishuo Electric Technology ends the day with a total market capitalization of RMB 3.2 bln (USD 450 mln).
Zhejiang Meishuo Electric Technology is a...
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