Harbin Aviation Soars 139.36% on First Trading DayThe shares of Harbin Aviation Industry Co., Ltd. closed its first trading day on Shanghai Stock Exchange (SSE) at 18.79 yuan per share, soaring 10.94 yuan from the issue price of 7.85 yuan, or a rise of 139.36 percent.Analysts said the stock was weighed down by Hongdu Aviation (600316, SSE) in the morning session and performed weaker and weaker. But the buying forces gained ground later in the morning and the stock swelled consequently. (Panorama) |
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