BUZZ-Kitchenware maker Carote shines in Hong Kong debut

Reuters10-02

** Carote jumps as much as 88.2% to HK$10.88 in Hong Kong debut; offer price was HK$5.78

** Kitchenware maker and distributor, last traded at HK$9.06, tracks strength of broader market boosted by China's stimulus measures

** Around 104.8 mln shares worth HK$977.4 mln change hands

** Carote offered ~130 mln shares in Hong Kong IPO, raising HK$750.6 mln (~$97 mln) to fund acquisition, product development and sales channel expansion

** Benchmark Hang Seng Index , set for its sixth straight session of gains, is up 6%

** Hang Seng Commerce & Industry Index surges 7%, while index tracking industrial stocks up 4.7%

($1 = 7.7660 Hong Kong dollars)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2472590556?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-02 15:16","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2472590556","market":"hk","top_or_hot":-1,"title":"BUZZ-Kitchenware maker Carote shines in Hong Kong debut","media":"Reuters","content":"<html><body><p>** Carote    jumps as much as 88.2% to HK$10.88 in Hong Kong debut; offer price was HK$5.78</p><p>   ** Kitchenware maker and distributor, last traded at HK$9.06, tracks strength of broader market boosted by China's stimulus measures</p><p>   ** Around 104.8 mln shares worth HK$977.4 mln change hands</p><p>   ** Carote offered ~130 mln shares in Hong Kong IPO, raising HK$750.6 mln (~$97 mln) to fund acquisition, product development and sales channel expansion</p><p>   ** Benchmark Hang Seng Index   , set for its sixth straight session of gains, is up 6%</p><p>   ** Hang Seng Commerce &amp; Industry Index    surges 7%, while index tracking industrial stocks    up 4.7%</p><p>($1 = 7.7660 Hong Kong dollars)</p><p> (Reporting by Donny Kwok)</p><p>((donny.kwok@thomsonreuters.com))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-Kitchenware maker Carote shines in Hong Kong debut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-Kitchenware maker Carote shines in Hong Kong debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-02 15:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>** Carote    jumps as much as 88.2% to HK$10.88 in Hong Kong debut; offer price was HK$5.78   ** Kitchenware maker and distributor, last traded at HK$9.06, tracks strength of broader market boosted by...</p>\n\n<a href=\"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02549","symbol_name":"卡罗特","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2472590556","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2472590556","pubTimestamp":1727853418,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"** Carote    jumps as much as 88.2% to HK$10.88 in Hong Kong debut; offer price was HK$5.78   ** Kitchenware maker and distributor, last traded at HK$9.06, tracks strength of broader market boosted by China's stimulus measures   ** Around 104.8 mln shares worth HK$977.4 mln change hands   ** Carote offered ~130 mln shares in Hong Kong IPO, raising HK$750.6 mln  to fund acquisition, product development and sales channel expansion   ** Benchmark Hang Seng Index   , set for its sixth straight session of gains, is up 6%   ** Hang Seng Commerce & Industry Index    surges 7%, while index tracking industrial stocks    up 4.7% ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02549":"卡罗特"},"translate_title":"BUZZ-厨具制造商Carote在香港首次亮相大放异彩","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02549":1},"content_text":"** Carote    jumps as much as 88.2% to HK$10.88 in Hong Kong debut; offer price was HK$5.78   ** Kitchenware maker and distributor, last traded at HK$9.06, tracks strength of broader market boosted by China's stimulus measures   ** Around 104.8 mln shares worth HK$977.4 mln change hands   ** Carote offered ~130 mln shares in Hong Kong IPO, raising HK$750.6 mln (~$97 mln) to fund acquisition, product development and sales channel expansion   ** Benchmark Hang Seng Index   , set for its sixth straight session of gains, is up 6%   ** Hang Seng Commerce & Industry Index    surges 7%, while index tracking industrial stocks    up 4.7%($1 = 7.7660 Hong Kong dollars) (Reporting by Donny Kwok)((donny.kwok@thomsonreuters.com))","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2472590556"}