Anlin Finance and Economics Printing (PMAX.US) IPO prices at $4 per share, closing at par on its first day of trading.

The Hong Kong financial communications company Anlin Financial Printing (PMAX.US) issued 1.43 million shares of stock at a price of $4 per share (the low end of the $4-6 range), raising $5.7 million. The company had originally applied to issue 1.65 million shares. Anlin Financial Printing was listed on Nasdaq on Thursday, reaching a high of $4.70 during the day and closing at $4.00. However, the stock rose 5.75% in after-hours trading on Thursday, reaching $4.23. Anlin Financial Printing was established in 2019 and primarily provides financial communication services to corporate clients and their advisers in Hong Kong to support compliance and trading needs in the capital markets. Its clients include both domestic and foreign companies listed on the Hong Kong Stock Exchange, as well as companies and their advisers seeking to list on the exchange. WallachBeth Capital served as the sole book-running manager for this transaction.