05
Dec
08:25
Sinosynergy lists on HKEX to pursue growth
Chinese hydrogen energy firm Sinosynergy listed on the Hong Kong Stock Exchange on 5 December, closing its first trading day at HKD 19.8 ($2.53) per share, Kallanish learns.
The company expects to raise around HKD 1.46 billion with the listing. Shares closed the inaugural day with a 0.71% increase.
According to its prospectus, Sinosynergy plans to use about 40% of the funds for production expansion of hydrogen fuel cell stacks and systems; and 20% to improv…
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