|
Wednesday, 27 February 2019, 14:53 HKT/SGT | |
| |
|
|
HONG KONG, Feb 27, 2019 - (ACN Newswire) - Narnia (Hong Kong) Group Company Limited ("Narnia" or the "Company", together with its subsidiaries, the "Group", stock code: 8607) commenced trading of its shares on GEM of The Stock Exchange of Hong Kong Limited on 26 February 2019.
Shares of the Company were actively traded and opened at HK$0.48, up 20% against its issue price of HK$0.40. It surged to the day's high at HK$0.52 before closing at HK$0.44, up 10% over its issue price on its first trading day. Total transaction volume was approximately 87.7 million shares, with an aggregate turnover of HK$41.5 million.
Commenting on the positive reception from market in its trading debut, Mr. Dai Shunhua, Chairman of the Board, Executive Director and Chief Executive Officer of Narnia, said, "The successful listing on The Stock Exchange of Hong Kong Limited marks a significant milestone of the Company's business development. I would like to express our deepest gratitude to our investors for their recognition and support. The cheering stock performance is the best demonstration of the Company's capabilities and investors' confidence. The successful listing will foster a sustainable growth of Narnia and boost its market position in China's textile industry. Looking ahead, we will expand our production capacity, upgrade our machinery and equipment, continue our research and development, and enhance our environmental protection and quality control systems, with a view to further developing the Group's business and maximising shareholder returns."
Cinda International Capital Limited is the Sole Sponsor and the Sole Global Coordinator; Cinda International Capital Limited and ChaoShang Securities Limited are the Joint Bookrunners and the Joint Lead Managers.
Topic: Press release summary
Sectors: Daily Finance, Daily News
https://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
|
|
|
Latest Press Releases
"TOKIO Exciting Anime Workshop" Confirmed - Enjoy "Summer Festival at Anime Tokyo Station" This Summer Vacation
Thursday, July 17, 2025 10:00:00 AM
|
|
|
BlackBerry Partners with EC-Council to Help Strengthen Malaysia's Cybersecurity Workforce
July 17, 2025 09:00 HKT/SGT
|
|
|
U.S. Polo Assn. Celebrates Seventh Year Supporting the 2025 Outsourcing Inc. Royal Charity Polo Cup
July 17, 2025 07:36 HKT/SGT
|
|
|
Hong Kong Picture Book Publishing Support Programme Cultivates New Creative Forces, Eight Local Illustrators Shine on the International Stage
July 17, 2025 07:34 HKT/SGT
|
|
|
Global Sports Brand U.S. Polo Assn. Launches First Retail Store in Berlin, Germany
July 17, 2025 00:50 HKT/SGT
|
|
|
HK Book Fair, Sports and Leisure Expo and World of Snacks open today
July 16, 2025 23:49 HKT/SGT
|
|
|
Buy International Homes at the Global Property Expo, Singapore
July 16, 2025 23:00 HKT/SGT
|
|
|
AATec Medical and Northway Biotech Announce Partnership to Develop Industrial Production Process for ATL-105 Targeting Lung Disease
July 16, 2025 22:27 HKT/SGT
|
|
|
International Land Alliance Unveils New Revenue Model Featuring 100 Rental Homes in Cabo Oasis
Wednesday, July 16, 2025 9:00:00 PM
|
|
|
Doubleview Gold Corp Provides Comprehensive Update on Its Flagship Project - the Polymetallic Hat Deposit
July 16, 2025 20:09 HKT/SGT
|
|
|
|
More Press release >> |
|
|
|