JIAXIN INTL RES Soars 1.3x on First Day of Trading; Christopher Hui: Kazakhstan Mining Company's Listing Highlights Diverse Engagement in Hong Kong Market
IPO Performance: JIAXIN INTL RES debuted at HKD22.8, peaked at HKD26.24, and closed at HKD25.38, marking a 132.41% increase from its listing price of HKD10.92.
Market Activity: The trading volume reached 40.6452 million shares with a turnover of HKD945 million on the first day.
Hong Kong's IPO Market: Secretary Christopher Hui highlighted that Hong Kong's IPO market is performing well globally this year, showcasing international participation.
Belt and Road Initiative: The successful listing of a Kazakhstan mining firm reflects Hong Kong's cooperation with Central Asia in promoting the "Belt and Road" initiative.
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JIAXIN INTL RES (03858.HK) Sees 177.8% Surge, Closing at $30.34 After IPO
Stock Performance: JIAXIN INTL RES (03858.HK) debuted today, opening at $22.8, which is a 108.8% increase from its listing price of $10.92.
Closing Price: The stock peaked at $31.9 and closed at $30.34, reflecting a total gain of 177.8% from the initial listing price.
Trading Volume: The trading volume reached 54.16 million shares with a turnover of $1.32 billion.
Profit Calculation: Excluding handling fees, investors gained approximately $7,768 per board lot size of 400 shares.
JIAXIN INTL RES (03858.HK) Sees 133.9% Surge, Reaching $25.54 at Midday After IPO
Stock Performance: JIAXIN INTL RES (03858.HK) debuted with a significant opening price of $22.8, reflecting an increase of 108.8% from its listing price of $10.92.
Price Fluctuations: The stock reached a peak of $26.24 and a low of $22.8 during the trading session.
Midday Closing: At midday, the stock closed at $25.54, marking a total rise of 133.9% from the initial listing price.
Trading Volume: The trading volume for JIAXIN INTL RES was reported at 41.06 million shares, with a turnover of $955.41 million.
JIAXIN INTL RES Soars 1.3x on First Day of Trading; Christopher Hui: Kazakhstan Mining Company's Listing Highlights Diverse Engagement in Hong Kong Market
IPO Performance: JIAXIN INTL RES debuted at HKD22.8, peaked at HKD26.24, and closed at HKD25.38, marking a 132.41% increase from its listing price of HKD10.92.
Market Activity: The trading volume reached 40.6452 million shares with a turnover of HKD945 million on the first day.
Hong Kong's IPO Market: Secretary Christopher Hui highlighted that Hong Kong's IPO market is performing well globally this year, showcasing international participation.
Belt and Road Initiative: The successful listing of a Kazakhstan mining firm reflects Hong Kong's cooperation with Central Asia in promoting the "Belt and Road" initiative.
JIAXIN INTL RES (03858.HK) Soars 108.8% to $22.8 on First Day of Trading
Stock Performance: JIAXIN INTL RES (03858.HK) closed at $22.16 on the gray market, reflecting a 102.9% increase from its listing price of $10.92.
Debut Trading: On its debut day, the stock opened at $22.8, marking a rise of 108.8% from the initial listing price, with 22.47 million shares traded at market open.
Market Delay: Note that HK stocks quotes are delayed by at least 15 minutes.
Related News: Goldman Sachs has raised HKEX's target price to HKD509 due to higher earnings forecasts.
JIAXIN INTL RES (03858.HK) Sees 177.8% Surge, Closing at $30.34 After IPO
Stock Performance: JIAXIN INTL RES (03858.HK) debuted today, opening at $22.8, which is a 108.8% increase from its listing price of $10.92.
Closing Price: The stock peaked at $31.9 and closed at $30.34, reflecting a total gain of 177.8% from the initial listing price.
Trading Volume: The trading volume reached 54.16 million shares with a turnover of $1.32 billion.
Profit Calculation: Excluding handling fees, investors gained approximately $7,768 per board lot size of 400 shares.
JIAXIN INTL RES (03858.HK) Sees 133.9% Surge, Reaching $25.54 at Midday After IPO
Stock Performance: JIAXIN INTL RES (03858.HK) debuted with a significant opening price of $22.8, reflecting an increase of 108.8% from its listing price of $10.92.
Price Fluctuations: The stock reached a peak of $26.24 and a low of $22.8 during the trading session.
Midday Closing: At midday, the stock closed at $25.54, marking a total rise of 133.9% from the initial listing price.
Trading Volume: The trading volume for JIAXIN INTL RES was reported at 41.06 million shares, with a turnover of $955.41 million.
JIAXIN INTL RES Soars 1.3x on First Day of Trading; Christopher Hui: Kazakhstan Mining Company's Listing Highlights Diverse Engagement in Hong Kong Market
IPO Performance: JIAXIN INTL RES debuted at HKD22.8, peaked at HKD26.24, and closed at HKD25.38, marking a 132.41% increase from its listing price of HKD10.92.
Market Activity: The trading volume reached 40.6452 million shares with a turnover of HKD945 million on the first day.
Hong Kong's IPO Market: Secretary Christopher Hui highlighted that Hong Kong's IPO market is performing well globally this year, showcasing international participation.
Belt and Road Initiative: The successful listing of a Kazakhstan mining firm reflects Hong Kong's cooperation with Central Asia in promoting the "Belt and Road" initiative.
JIAXIN INTL RES (03858.HK) Soars 108.8% to $22.8 on First Day of Trading
Stock Performance: JIAXIN INTL RES (03858.HK) closed at $22.16 on the gray market, reflecting a 102.9% increase from its listing price of $10.92.
Debut Trading: On its debut day, the stock opened at $22.8, marking a rise of 108.8% from the initial listing price, with 22.47 million shares traded at market open.
Market Delay: Note that HK stocks quotes are delayed by at least 15 minutes.
Related News: Goldman Sachs has raised HKEX's target price to HKD509 due to higher earnings forecasts.
