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HK's Q Technology hits 7-week high on unit's Shenzhen listing progress

Reuters2021-06-24

** Shares of camera modules manufacturer Q Technology (Group) Co Ltd surge 8.3% to HK$15.90, their highest since April 26, on course for a second straight session of gains

** Company says its unit, Kunshan QT China, has submitted a listing application to the ChiNext of Shenzhen Stock Exchange

** Says the proposed listing is conditional upon approval from CSRC and the Shenzhen Stock Exchange

** Kunshan will offer not less than 320.8 mln shares, or 10% of its share capital, in the IPO, but the final size, price range and the timetable of the proposed listing have not yet been fixed

** The Hong Kong Hang Seng Commerce & Industry Index climbs 0.6%, and the Hong Kong Hang Seng sub-index tracking information technology firms rises 0.7%

** The Hang Seng Composite Index gains 0.4% and the benchmark index climbs 0.5%

** As of last close, the stock had risen 11.7% this year

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Comment10

  • Jaywei
    ·2021-06-24
    Nice
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  • Seradad
    ·2021-06-24
    [白眼] 
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  • Bptan1973
    ·2021-06-24
    Nice very good 
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  • Lionelsg
    ·2021-06-24
    Hello
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  • Thesa
    ·2021-06-24
    Reply
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  • Dystinvest
    ·2021-06-24
    Hello
    Reply
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    • AliPharma
      hello
      2021-06-24
      Reply
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    • FuNman168
      Pls like n comment
      2021-06-24
      Reply
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  • Idz4u2c
    ·2021-06-24
    The currency exchange rate is holding me back on Hak stocks
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    • Jaywei
      Nice
      2021-06-24
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  • Dystinvest
    ·2021-06-24
    Pls go up
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    • Jaywei
      Yes please yes
      2021-06-24
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  • Akong
    ·2021-06-24
    Wow
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  • 宙斯的爱子
    ·2021-06-24
    Cool
    Reply
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