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Hong Kong stocks movement | Mengjinyuan (02585) surged over 13% at the close, with the company having a full industry chain layout and a franchising model that assists in penetrating the lower-tier markets.
Ming Jinyuan (02585) rose over 13% at the end of the trading session, with a current increase of 13.06%, priced at 12.66 Hong Kong dollars and a trading volume of 9.3089 million Hong Kong dollars.
[IPO Monthly Report] The Hong Kong stock IPO market remained active in November, with Jinko Electronics' subscription multiple ranking second in Hong Kong history.
Jinwu Finance News | As November approaches, the Hong Kong IPO market continues to remain active, with 7 companies successfully listed on the main board of the exchange this month, covering various industry sectors such as jewelry, biotechnology, and electronic manufacturing. Subscription sentiment this month is high, with a particularly strong demand for Jinko Electronics' shares, followed closely by Jiuyuan Gene. However, the performance on the first day of listing is still similar to last month, with 3 out of 7 new stocks breaking below their issue price and 1 closing flat. On November 26, the second HKEX China Forum will be held in shanghai. The CEO of the Hong Kong Stock Exchange, bonnie chan yi-ting, stated in his speech that they are discussing the inclusion of reits in the Shanghai-Hong Kong Stock Connect with the Shanghai and Shenzhen exchanges.
Mongolian Gold made its debut on the Hong Kong Stock Exchange today: the share price once fell below the offering price, total market value 3.522 billion Hong Kong dollars.
① The traditional business model of jewelry stores processing and marking up gold trinkets works well when gold prices are low. However, as gold prices continue to rise, the market's demand for its investment attributes has become increasingly notable. ② This year, the traditional business model of jewelry stores processing and marking up gold trinkets works well when gold prices are low. However, as gold prices continue to rise, the market's demand for its investment attributes has become increasingly notable.
Mengjinyuan (02585) successfully listed on the Hong Kong Stock Exchange: Deeply cultivating the sinking market, significant achievements in the gold and jewelry sector.
Today, the brand manufacturer Dream Garden (02585), focusing on the gold jewelry market in China's third-tier and below cities, successfully listed on the Hong Kong Stock Exchange.
Mokingran Jewellery Raises HK$453 Million in Hong Kong IPO
New stock debut | Mengjinyuan (02585) listed on the first day, opening high at 4.17% in the morning.
Mingjinyuan (02585) officially listed, the announcement shows that the company issued 43.9568 million shares, with a price of HKD 12.00 per share, 200 shares per lot, and the net proceeds are approximately HKD 0.452 billion. As of the time of publication, it has risen by 4.17%, priced at HKD 12.5, with a transaction volume of HKD 58.1108 million.
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