China's vehicle parts rose 3% at the beginning of the listing period

China Vehicle Parts (01269.HK) was listed on the Hong Kong Stock Exchange today. The stock opened at HK$1.45, up 3.57% from its IPO price of HK$1.4. The stock then remained slightly volatile at 10:00, at HK$1.42. The turnover was HK$2.36 million.

According to media reports, there were zero deals in the dark market yesterday, which was the sixth case this year. The stock is priced at a minimum of HK$1.4 per share, and the net proceeds raised are HK$79.21 million.

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