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HK's Shanghai Fudan Mirco tanks on $116 mln Shanghai listing plans

Reuters2021-07-22

** Shares of integrated circuit products developer Shanghai Fudan Microelectronics Group Co Ltd drop 23.2% to HK$22.50, set for the worst day since listing in August 2000

** Stock sinks to the lowest since July 12, among the 10 biggest percentage decliners on the Hong Kong bourse

** Shanghai-based company says it will issue 120 mln A shares at 6.23 yuan apiece, raising 747.6 mln yuan ($115.60 mln) in its Shanghai Star Market IPO

** The Hong Kong Hang Seng Commerce & Industry Index rises 1.6%, and Hang Seng sub-index tracking information technology firms surges 1.7%

** The Hang Seng China Enterprises Index gains 1.4%, and the benchmark index climbs 1.6%

** Stock has soared 109.3% this year as of last close

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评论11

  • blms89
    ·2021-07-22
    [财迷] 
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  • PeerlessTige
    ·2021-07-22
    Wow
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  • Erictrw
    ·2021-07-22
    Kike
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  • Googly
    ·2021-07-22
    👍🏻
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  • FlareSpark
    ·2021-07-22
    Bad timing
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    收起
    • james_l
      hmm
      2021-07-22
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  • at135
    ·2021-07-22
    [财迷] 
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  • killuz
    ·2021-07-22
    Ok
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  • Cknight2021
    ·2021-07-22
    Like
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    • KPdG
      Ok
      2021-07-22
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  • Boo2bear
    ·2021-07-22
    Like pls. Tq
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  • 诗迷
    ·2021-07-22
    Like and comment
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    • gkwok1902
      Like
      2021-07-22
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    • at135
      Koo
      2021-07-22
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  • xiaochan
    ·2021-07-22
    Buy! 
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    • Kimmikim
      Ok
      2021-07-22
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    • Scam
      ok
      2021-07-22
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