E-mail lunthesis@163.com Phone 0551-65179860-203

Two Anhui-based firms launch registration-based IPOs on ChiNext

Pub Date:2020-08-25 10:43 Source:www.cnanhui.org

ChiNext's first group of 18 companies got listed under the registration-based initial public offering (IPO) system made a stellar debut on Monday, including two firms based in East China's Anhui province.

Anhui Jinchun Nonwoven Co.in the province’s Chuzhou and Anhui Landun Photoelectron Co.in Tongling launched IPOs on Shenzhen's startup board ChiNext, surging 85.00 percent and 88.81 percent from their issue prices, respectively, at the lunchtime break yesterday.

The province was second only to South China’s Guangdong province in terms of the number of listed firms on Monday.

China's efforts to make its capital market more supportive for technological innovation made landmark progress on Monday as reforms on were put to the test amid steady market performance, China Daily reported, citing officials and experts.

Anhui was home to 118 listed companies as of August 24, ranking 9th in China, according to data from iFinD, a domestic financial information service provider.

The province took the 7th place in the country as five local companies were listed on ChiNext.

The daily price fluctuation limit of all ChiNext shares doubled to 20 percent as the registration-based system took effect.


Related News
- Farmers striving for prosperous life despite floods    2020-08-25 08:41
- Yangtze delta's development prioritized    2020-08-24 14:53
- Great mission of Yangtze River Delta to spearhead new era...    2020-08-24 08:35
- Synergy of Yangtze delta region stressed    2020-08-24 08:27
photo  >>
Chinese medical experts train South Sudanese medics on COVID-19 response
Xi Focus: Xi instructs army to complete follow-up flood control work
Video  >>
(AmazingAnhui)She inkstone, a national cultural heritage in E China's Anhui
(AmazingAnhui)Huizhou inkstick, a cultural heritage in E China's Anhui
People  >>
Chinese medical expert team in South Sudan for anti-virus mission
Chinese farmers take advantage of high tech to increase production
Travel  >>
Railway to link Lu’an, Anqing in E China’s Anhui
Anhui unveils 13 summer resorts
Contact Us
Copyright ©2000-2016 anhuinews.com All rights reserved. Reproduction in whole or in part without permission is prohibited.