06960 Overview

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.

Stock Performance: SHUANGDENG (06960.HK) debuted today, opening at $22.5, which is a 55.1% increase from its listing price of $14.51.

Price Fluctuations: The stock reached a peak of $23.18 and a low of $18.86 during the trading session.

Midday Closing: By midday, SHUANGDENG closed at $19.05, reflecting a 31.3% rise from the initial listing price.

Trading Volume: The stock saw a trading volume of 30.52 million shares, with a turnover amounting to $684.51 million.

Market Opening: The HSI opened 115 points lower at 25,714, with the HSCEI and HSTECH also experiencing declines of 0.4% and 0.8%, respectively.

Gaming Sector Update: China approved 166 domestic online games in August, including titles from major companies like Alibaba and Bilibili, but their stocks opened down by around 2%.

Tech Stock Performance: Various tech stocks such as Tencent and Meituan saw slight decreases at market open, while Kuaishou gained slightly; SMIC dropped 1.4%.

Automotive Sales Decline: China's new energy vehicle sales fell by 5% month-over-month, impacting stocks like Geely Auto and NIO, which experienced significant losses.

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.