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via economictimes.indiatimes.comCapital Markets

Chinese tape maker debuts on stock market with 787% first-day gain

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

Crown New Materials Technology is provider of adhesive materials to Apple, Tesla, BYD. During the first day's trading, Crown New Materials Technology made an astronomical gains of 787 per cent.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishAn exceptional debut gain signals strong IPO demand, but concerns a single local listing.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Crown New Materials Technology supplies adhesive materials to Apple, Tesla and BYD.
  2. 02During the first day's trading the stock gained 787%.
  3. 03The surge made a former school teacher and his sister billionaires.

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