Shanghai Refire Group Shares Rise 1% in Hong Kong Trading Debut

MT Newswires Live2024-12-06

Shanghai Refire Group (HKG:2570) made a tepid trading debut in Hong Kong Friday morning, as its shares rose over 1% at the opening bell.

The Chinese fuel cells manufacturer opened at HK$148.90 per share, slightly up from its listing price of HK$147.

The company recently raised HK$629.4 million in net proceeds from its initial public offering.

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