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10.11.25 - 02:54
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Africa-focused hygiene-products maker Softcare jumps 34% on Hong Kong debut (SCMP)
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Softcare surged as much as 34 per cent above its offer price on its Hong Kong debut on Monday, as investors flocked to buy shares in the Africa-focused hygiene-products maker's HK$2.38 billion (US$306 million) initial public offering (IPO).
Trading under the stock code 2698, Softcare's shares opened at HK$34.98 compared with its offer price of HK$26.20, which was set at the top end of the marketed range.
“This moment belongs not only to Softcare but also to our customers, partners, shareholders......
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