30
Dec
08:20
Shangtai Tech's stock surges 3 days straight after being listed
Shenzhen-listed leading lithium-ion battery anode material provider Shangtai Technology's stock price surged three days in a row since the start of its listing on Wednesday, Kallanish notes.
On 30 December, its stock price closed with a 10.01% increase. On 29 December, it closed with a 10% increase. On 28 December, it surged 44.01% during the day after its initial public offering.
The company announced it plans to use the funds raised during this …
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Very good overview of the weekly steel market.
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