Zhuhai Trinomab Pharmaceutical (SHA:688806) shares opened at 50.15 yuan on their first day of trading on the Shanghai bourse.
This marked a 247% jump from the initial public offering price of 14.46 yuan per share.
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Eoptolink Expects H1 Profit to Rise by Up to 103%; Shares Up 4%
Eoptolink Technology (SHE:300502) expects its net profit attributable to shareholders in the first half to jump by between 78% and 103% year on year to a range of 7 billion yuan to 8 billion yuan, according to a Shenzhen bourse filing on Monday.The attributable profit a year earlier was 3.94 billion yuan.The company attributed the forecast to an increase in revenue due to the growth in investment in artificial intelligence-related computing power. The non-recurring gains and losses will also increase net profit by approximately 19 million yuan.The optical transceiver module manufacturer's shares rose 4% during the morning trade.
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Malaysia Pension Fund Pursuing Recovery of eFishery Investment After Fraud Case
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Medi Lifestyle Appoints CEO; Shares Up 4%
Medi Lifestyle (SGX:Z4D) has appointed Tan Lee Seng as chief executive officer, with effect from Friday, according to a same-day filing to the Singapore bourse.Prior to the appointment, Seng was an executive director of the company.His responsibilities include the overall management and execution of the group's strategic objectives, including overseeing business development, driving corporate growth and expansion initiatives, and leading the group's performance and corporate planning activities.The company's shares were up nearly 4% in Monday's trade.
SGX:Z4D