SHUANGDENG (06960.HK) Surges 55.1% to $22.5 on First Day of Trading
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 26 2025
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Source: aastocks
Stock Performance: SHUANGDENG (06960.HK) closed at $25.1 on the gray market, reflecting a 73.0% increase from its listing price of $14.51.
Market Debut: On its debut day, the stock opened at $22.5, which is a 55.1% rise from the initial listing price.
Trading Volume: At market open, 11.11 million shares were traded.
Related News: HTSC has raised the target price for HKEX (00388.HK) to $542 and maintains a "Buy" rating.
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.
