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SHE:301669

7 stories mentioning SHE:301669

Every FINWIRES story that references SHE:301669, newest first.

Asia

Chinese Shares Rise as Trade Surplus Exceeds Expectations; Hangzhou Gold Electronic Equipment Soars 625% in Shenzhen Debut

Chinese shares rose on Tuesday as the country's trade surplus outpaced consensus forecasts.The Shanghai Composite Index, the main gauge of Chinese stocks, rose 1.3% to 4,010.03. The Shenzhen Component Index jumped 3.0% to 15,268.72.China's trade surplus expanded to $105.4 billion in May from $84.8 billion in April, higher than the consensus forecast of $88.7 billion tracked by Investing.com.Exports rose 19.4% year over year to $376.8 billion last month, exceeding the consensus forecast for a 15% growth and April's 14.1% expansion.Imports increased 27.4% to $271.3 billion, faster than the 25.3% jump in April and the consensus forecast for a 25% rise.In company news, Hangzhou Gold Electronic Equipment (SHE:301669) shares jumped 625% versus their initial public offering price of 7.08 yuan per share on their first day of trading on the Shenzhen bourse.

Shanghai Composite^SZSESHE:301669
Asia

Hangzhou Gold Electronic Equipment Jumps 799% in Shenzhen Debut

Hangzhou Gold Electronic Equipment (SHE:301669) shares opened at 63.65 yuan on their first day of trading on the Shenzhen bourse.This marked a 799% jump from the chipmaker's initial public offering price of 7.08 yuan per share.

SHE:301669
Asia

Hangzhou Gold Electronic Equipment Gets Approval, Registration for ChiNext IPO

Hangzhou Gold Electronic Equipment (SHE:301669) said its initial public offering on the ChiNext Market has been approved by the Shenzhen Stock Exchange and registered with the China Securities Regulatory Commission.The company seeks to raise up to 849.6 million yuan via the IPO of 120 million shares at 7.08 yuan apiece, according to a Monday filing with the Shenzhen bourse.Lottery results will be announced Tuesday.Citic Securities serves as lead underwriter.

SHE:301669
Asia

Chinese Stocks Drop Despite US-Iran Tentative Agreement

Chinese equities made losses as investors are still concerned despite a tentative agreement to open the Strait of Hormuz.The Shanghai Composite Index lost 0.7%, or 30.07 points, to cap this week's trade at 4,068.57. The Shenzhen Component Index fell 1.8%, or 286.76 points, to 15,575.13.The U.S. said it has reached a tentative deal with Iran, which could extend the ceasefire for 60 more days, but it is not yet signed by President Donald Trump. The announcement was made after both sides launched missile attacks despite agreeing on a ceasefire.Jushri Technologies (SHE:300762) slumped 8% despite receiving the Shenzhen bourse's approval for its share placement plan.Wuhan Huakang Century Medical (SHE:301235) slumped 7% after winning the bid to provide engineering works for the phase I project of the AMEC South China headquarters and manufacturing base for 94 million yuan.Hangzhou Gold Electronic Equipment (SHE:301669) fell 3% after its unit, Jianglong Shipbuilding International, signed $27.1 million worth of shipbuilding contracts with Singaporean shipping operators.

Shanghai Composite^SZSESHE:300762SHE:301235SHE:301669
Asia

Hangzhou Gold Electronic Equipment's Unit Signs $27 Million Worth of Shipbuilding Deals

Hangzhou Gold Electronic Equipment's (SHE:301669) unit, Jianglong Shipbuilding International, signed $27.1 million worth of shipbuilding contracts with Singaporean shipping operators, according to a Shenzhen bourse filing on Thursday.The Chinese chipmaker's shares fell 3% at the close of Friday's trade.The deals were signed with Phoenix One and Phoenix Two.Jianglong Shipbuilding will construct two anchor handling or tug supply vessels and will deliver them by Sept. 30, 2027 and Nov. 30, 2027.

SHE:301669
Asia

Hangzhou Gold Electronic Equipment Seeks to Raise 850 Million Yuan in Shenzhen IPO

Hangzhou Gold Electronic Equipment (SHE:301669) priced its initial public offering of 120 million shares on the ChiNext Board of the Shenzhen Stock Exchange at 7.08 yuan per share, according to a Friday notice on the bourse.Gross proceeds of 849.6 million yuan will be used for the energy storage battery management system smart manufacturing center construction project and supplemental working capital.Online subscription and offline subscription payment are scheduled on Friday.

SHE:301669
Asia

Hangzhou Gold Electronic Equipment Files for Shenzhen IPO

Hangzhou Gold Electronic Equipment (SHE:301669) filed for an initial public offering of 120 million shares on the ChiNext Board of the Shenzhen Stock Exchange, according to a Thursday filing on the bourse.Net proceeds will be used for the energy storage battery management system smart manufacturing center construction project and supplemental working capital.Citic Securities serves as lead underwriter.

SHE:301669