SF Holding's shares rise in Hong Kong trading after flat debut amid tepid market sentiment [Yahoo! Finance]
HONG KONG EX&CL UNSP/ADR (HKXCY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
amid tepid sentiment, a precursor to a busy week of stock debuts that will add several billion Hong Kong dollars to this year's listing proceeds. Trading under the 6936 code, SF shares rose by as much as 1.2 per cent to an intraday high of HK$35.50, after opening unchanged from its initial public offering price (IPO) of HK$34.30. The opening price implies a premium to the company's yuan-denominated shares of 14.27 yuan (US$1.97) on the Shenzhen Stock Exchange on Tuesday. Hong Kong's benchmark index is hovering near a two-month low. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge , our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. The opening trading premium values the company's Hong Kong-listed equity base at HK$6.7 billion based on its post-listing capital base of 195.5 million shares, according to its listing prospectus. SF Holding
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