Hangzhou Jiuyuan Gene Engineering Slides 40% in Hong Kong Trading Debut

MT Newswires Live11-28

Hangzhou Jiuyuan Gene Engineering (HKG:2566) made a weak trading debut in Hong Kong Thursday morning as its shares dropped almost 40% at the opening bell.

The biotechnology opened at HK$7.500 per share, well below its IPO price of HK$12.42.

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