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Seres Group's Hong Kong shares jump after joining stock connect program
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Seres Group's Hong Kong shares surged 8.3% to HK$124.5 after being added to the Hong Kong Stock Connect program, effective Dec. 1. The company's Shanghai-listed stock also rose 4% to 131.21 yuan. Despite the recent gains, Seres Hong Kong shares are down 8% from their offer price since their debut on Nov. 5. Year-to-date, Shanghai-listed shares are down 2.3%, while the New Energy Vehicles Index is up 51%.
Source: Reuters The copyright of this article belongs to the original author/organization.
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