IPO with a market value of more than one trillion yuan soared on the first day of listing, with the biggest increase exceeding that of China Petroleum.

date
16/07/2025
Today, the new stock Hua Dian New Energy, with a market value of hundreds of billions, was listed for the first time, and at one point during trading, it rose to above 10 yuan, an increase of nearly 220% from the issue price. Looking back, among A-share companies with a market value of over one trillion before listing, Hua Dian New Energy's largest intraday increase has exceeded the largest intraday increase of China Petroleum on its listing day, setting a new record in A-shares, with the latter's largest intraday increase being 191.14% on the first day of listing.