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Hong Kong Stocks End Week Flat; Laopu Gold Rises as Dida, Tianju Dihe Slump in Debut
Hong Kong stocks ended Friday's session little changed, on caution ahead of US inflation data as they may impact interest rate cuts. The Hang Seng Index barely moved in positive territory to close at
Laopu Gold Shares Surge Over 59% in Hong Kong Debut
Laopu Gold (HKG:6181) made a stellar trading debut in Hong Kong Friday morning as its shares soared over 59% at the opening bell. The gold jewelry manufacturer opened at HK$64.50 per share, well above
New Stock Debut: Lao Pu Gold (06181) Makes its Debut on the Market and Opens Up 59.26% in Early Trading.
Lao Pu gold (06181) is listed for the first time. According to the announcement, the price is HKD 40.5 per share. A total of 22.3689 million shares were issued, with 100 shares per lot. The net proceeds amounted to approximately HKD 827 million. As of the time of writing, it has risen by 59.26%, reaching HKD 64.5, with a turnover of HKD 400 million.
Laopu Gold has raised HK$826.6 million in net proceeds from their Hong Kong IPO.
Laopu Gold has raised HK$826.6 million in net proceeds from their Hong Kong IPO.
Laopu Gold Shares are currently trading at HK$64.50, compared to their IPO price of HK$40.50.
Laopu Gold Shares are currently trading at HK$64.50, compared to their IPO price of HK$40.50.
Laopu Gold's shares rose 59% in the pre-market session during its debut in Hong Kong.
Laopu Gold's shares rose 59% in the pre-market session during its debut in Hong Kong.
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