Brief News: CNGR priced at a low level, first listing closed down 5%
I'm PortAI, I can summarize articles.
CNGR's stock price fell 5% on its first day of listing in Hong Kong, pricing at a low level. The company offered 104 million shares, raising a net amount of HKD 3.43 billion. Last year's revenue grew by 17.4%, but profits decreased by 24.7%. In the first half of this year, revenue increased by 6.1%, while profits fell by 14.8%. The funds raised will be used to expand production, research and develop new energy battery materials, and promote digitalization
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: BambooWorks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments