China Knowledge is in the business of providing business solutions and products on China. Within the Group it has financial terminal, publishing, newswires, research, multimedia production and a wide range of consulting services offer to foreign businesses seeking opportunities in China.
Markets · Equity · IPO
Puya Semiconductor (Shanghai) debuts on SSE STAR Market, rose 226%
2021/08/23 08:10:32

Aug 23, 2021 (China Knowledge) - Puya Semiconductor (Shanghai) (688766) opened at RMB 423 on its first day trading on the Shanghai Stock Exchange's STAR Market, an increase of 184% from its IPO price of RMB 148.9.

The shares price ended the day at RMB 485.1, soaring 226% from its issue price. Its intraday high and low were RMB 498 and RMB 415, respectively. A total of 5.8 mln shares changed hands with a turnover of RMB 2.7 bln, and ending the day with a total market capitalization of RMB 17.6 bln.

Puya Semiconductor (Shanghai) reported in its prospectus that the funds raised from the IPO will be used to research and develop flash chips and EEPROM chips.

Copyright © 2018

Send feedback or comments to:

For more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today:

To access our page on Bloomberg, type CKFI