SHUANGDENG (06960.HK) Sees 31.3% Increase, Closing at $19.05
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 26 2025
0mins
Source: aastocks
Stock Performance: SHUANGDENG (06960.HK) debuted today, opening at $22.5, which is a 55.1% increase from its listing price of $14.51.
Closing Figures: The stock peaked at $23.18 and bottomed at $18.86, ultimately closing at $19.05, reflecting a 31.3% rise from the initial listing price.
Trading Volume: The trading volume reached 43.41 million shares with a turnover of $939.61 million.
Profit Calculation: Excluding handling fees, investors saw a book gain of $2,270 for a board lot size of 500 shares.
Analyst Views on 06960
Wall Street analysts forecast 06960 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 06960 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 17.400
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Current: 17.400
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
