US Stock Market Move | New stock Dingxin Holdings (DXST.US) rose more than 5%, hitting the daily high at one point.

On Thursday, the stock price of the newly listed company Dingxin Holdings (DXST.US) soared, reaching a daily high of $5.74 at one point. As of writing, the stock has risen over 5%, trading at $4.25. Dingxin Holdings primarily provides wastewater treatment and river water quality management services in China, as well as selling microbial products. These microbial products are used to improve water quality and remove pollutants. According to market data, the market size of China's wastewater treatment industry has exceeded $21 billion in 2023.