New stock on the first day | PuYuan Precision Electronics (00537.HK) listed for the first time with a low opening of 18.75% in the morning session. The company is the largest electronic measuring instrument supplier in China.

According to the Zhitong Financial APP, Pu Yuan Jing Electric (00537.HK) has made its first listing. The announcement shows that the price per share is 45.98 Hong Kong dollars, with a total issuance of 24.8022 million shares, and 100 shares per lot. The net proceeds are approximately 1.041 billion Hong Kong dollars. As of the time of writing, the stock has dropped by 18.75% to 37.36 Hong Kong dollars, with a trading volume of 44.1837 million Hong Kong dollars.