On Tuesday, Hong Kong electronics recycler Chuangzhi Global Technology (CGTL.US) entered the US stock market. As of press release, it had surged 16% to $4.64.
The Zhitong Finance App learned that on Tuesday, Chuangzhi Global Technology (CGTL.US), a Hong Kong electronics recycler, entered the US stock market. As of press release, it had surged 16% to 4.64 US dollars. The company raised 5 million dollars by issuing 1.3 million shares at a price of 4 US dollars each. According to reports, Chuangzhi Global Technology sells used consumer electronics products, mainly smartphones, tablets, and laptops, to wholesalers in Southeast Asia through its subsidiary CGTHK. The company sources products from suppliers in the US, Japan, and some other developed countries.
