---
title: "On its first day of listing, QI International opened at 0.27 yuan, up more than 17% from the issue price | Lianhe Zaobao"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283751710.md"
description: "Kin Global Limited was listed on the Catalist board of the Singapore Exchange on April 23, with an opening price of SGD 0.27, up 17.4% from the issue price of SGD 0.23. On the first day of trading, the stock price reached as high as SGD 0.275, with a trading volume exceeding 6.15 million shares. As of 9:35 AM, the stock price was SGD 0.26, with a trading volume of 8.198 million shares and a transaction amount of SGD 2.19 million. This IPO received a warm market response, with the public subscription portion oversubscribed by 29.5 times and the private placement portion oversubscribed by 2.9 times, raising a total of SGD 10.1 million"
datetime: "2026-04-23T02:17:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283751710.md)
  - [en](https://longbridge.com/en/news/283751710.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283751710.md)
---

# On its first day of listing, QI International opened at 0.27 yuan, up more than 17% from the issue price | Lianhe Zaobao

Kin Global Limited was listed on the Catalist board of the Singapore Exchange on Thursday (April 23) at an opening price of SGD 0.27, which is 17.4% higher than the IPO price of SGD 0.23.

Shortly after the market opened, Kin Global's stock price briefly reached SGD 0.275, with a trading volume exceeding 6.15 million shares. As of 9:35 AM, the stock price was SGD 0.26, with a trading volume of 8.198 million shares and a transaction value of SGD 2.19 million.

Kin Global is the third company to be listed on the Catalist board this year.

The IPO received a warm market response, with the 1 million shares offered to the public being oversubscribed by 29.5 times, and the private placement portion being oversubscribed by 2.9 times. This listing raised a total of SGD 10.1 million.

#### Further Reading

Kin Global IPO at a price of SGD 0.23 per share Kin Global plans to list on the Catalist board after hosting multiple international sports events

The company is currently the largest sports event planning group in Singapore, having hosted several international sports competitions, including the FINA World Championships, the 2024 World Chess Championship organized by FIDE, and the 2024 World Taekwondo Virtual Championships.

Kin Global holds a 17.3% market share in Singapore's sports event market. The company plans to raise funds through the listing to enhance its capacity to host sports events and develop its business both domestically and internationally.

As of the end of September last year, the company's revenue for the first nine months reached SGD 56.5 million, a sixfold increase compared to SGD 8 million in the same period last year; net profit increased ninefold to SGD 4 million

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- [KIN.SG](https://longbridge.com/en/quote/KIN.SG.md)

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